Tata Steel Foundation Dedicates Revamped School Building and Solar Streetlights in Dagara

Dagara, : To enhance the learning capacities of children in villages around the proposed Subarnarekha Port project and make education more accessible, Tata Steel Foundation dedicated the renovated building of the Junior Basic School in Dagara, under Baliapal block of Balasore, on Thursday.

Smt. Subasini Jena, Hon’ble MLA of Basta, formally inaugurated the facility, accompanied by Sushanta Kumar Mishra, Executive Director of Subarnarekha Port Private Limited (SPPL), Binod Chandra Panda, Block Development Officer (BDO) of Baliapal, NamitaSamal, Assistant Block Education Officer (ABEO) of Baliapal, and Satyananda Mohanty, Sarpanch of Dagara Gram Panchayat. They lauded the renovation efforts of this important educational institution and expressed hope for the children’s return to school.

The renovation project, which involved the complete rebuilding of the school, aimed to enhance the learning environment through improved infrastructure. The school, established in the year 1947, is one of the oldest school of this region.

Additionally, 44 solar streetlights installed by TSF near the school and other areas were also inaugurated by the dignitaries. Powered by solar energy and fitted with proximity sensors that increase the brightness of the light whenever someone walks under them, these solar streetlights will be of great help to villagers at night.

Appreciating this initiative, Smt. Subasini Jena, Hon’ble MLA of Basta, expressed her happiness to see the developmental work of TSF in the region and thanked the organization. She urged the children to study diligently and make the best use of the school infrastructure.

Thanking the local administration and the community for their support, Sushanta Kumar Mishra, Executive Director of SPPL, said, It is heartening to see the priority given to education by the local community here, which is why the literacy levels of North Balasore have remained high compared to other parts of the state. He reiterated that similar developmental work for the inclusive growth of the region will continue.

TSF has been working in the fields of agriculture, education, health, livelihood, and rural infrastructure to help the community lead better lives.

Disclaimer

Statements in this press release describing the Company’s performance may be “forward-looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidentalfactors.

For queries and information

Sarvesh Kumar,Chief Corporate Communications, Tata Steel, sarvesh.kumar@tatasteel.com

About Tata Steel

• Tata Steel group is among the top global steel companies with an annual crude steel capacity of 35 million tonnes per annum.
• It is one of the world’s most geographically diversified steel producers, with operations and commercial presence across the world.
• The group recorded a consolidated turnover of ~US$30.3 billion in the financial year ending March 31, 2023.
• A Great Place to Work-Certified^TMorganisation, Tata Steel Limited, together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over 77,000.
• Tata Steel has announced its major sustainability objectives including Net Zero Carbon by 2045.
• The Company has been on a multi-year digital-enabled business transformation journey intending to be the leader in ‘Digital Steel making by 2025’. The Company has received the World Economic Forum’s Global Lighthouse recognition for its Jamshedpur, Kalinganagar, and IJmuiden Plants.
• Tata Steel aspires to have a 20% diverse workforce by 2025. The Company has been recognised with the World Economic Forum’s Global Diversity Equity & Inclusion Lighthouse 2023.
• The Company has been a part of the DJSI Emerging Markets Index since 2012 and has been consistently ranked amongthe top 10 steel companies in the DJSI Corporate Sustainability Assessment since 2016.
• Tata Steel’s Jamshedpur Plant is India’s first site to receive ResponsibleSteel^TMCertification. Subsequently, its Kalinganagar and Meramandali plants have also received thecertification. In India, Tata Steel now has more than 90% of its steel production from ResponsibleSteel^TM certified sites.
• Received Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17, 2023 Steel Sustainability Champion recognition from worldsteel for six years in a row, 2022 ‘Supplier Engagement Leader’ recognition by CDP, Top performer in Iron and Steel sector in Dun & Bradstreet’s India’s top 500 companies 2022, Ranked as the 2023 most valuable Mining and Metals brand in India by Brand Finance,‘Most Ethical Company’ award 2021 from Ethisphere Institute, and ‘Best Corporate for Promotion of Sports’ recognition at the Sportstar Aces Awards 2024.
• Received the 2023 ERM (Enterprise Risk Management) Award of Distinction at the RIMS ERM Conference 2023, ‘Masters of Risk’ – Metals & Mining Sector recognition at The India Risk Management Awards for the seventh consecutive year, and Award for Excellence in Financial Reporting FY20 from ICAI, among several others.