Umesh Kumar Vishwakarma

Perspective plan, market research & demand forecast for industrial products & port traffic projection.
➢ Feasibility studies & project reports including techno-economic appraisal of industrial / infrastructure projects (greenfield installations, revamping, modernisation & expansion of existing plants / brownfield projects) in sectors viz mining, beneficiation & agglomeration, iron & steel, oil & gas, chemicals, refractories, general engg, power plant, oxygen plant, ports, etc.
➢ Assessment of investment & generation cost, levelised tariff of power plants.
➢ Preparation of tender documents/RFQ, pre-qualification of bidders & bid evaluation.
➢ Social cost benefit analysis for steel / port projects employing shadow pricing techniques / OECD / UNIDO models.
➢ Techno-economic evaluation of sites based on life cycle costing employing discounted cashflow technique.
➢ Techno-economic evaluation of technological process routes / options for coke making, iron & steel making, casting & rolling of steel.
➢ Domestic Resource Costing (DRC) and Imputed Economic Values (IEV) for industrial inputs including iron ore and natural gas.
➢ Assistance to client for project clearance including Board / PIB note etc.
➢ Tender documents, pre-qualification of bidders, bid evaluation, evaluation of financing packages & contract negotiation.
➢ Rehabilitation / revival / health studies on sick industrial units including restructuring turnaround strategies viz technology upgradation, diversification / optimisation of product-mix, cost reduction through new technology infusion, organisational / financial restructuring and improvement in plant viability.
➢ Techno-economic study of Joint Venture Proposal for improved overall economic performance of concerned organizations.
➢ Technical due diligence cum techno-economic viability (TEV) study for industrial enterprises.
➢ Study on synergizing the business operations of two organizations.
➢ Due Diligence-cum-Segregation Study for hiving off steel plant sub-units viz. oxygen plant, power plant etc.
➢ Valuation of assets of industrial units in sectors like mining, beneficiation & agglomeration, iron & steel, non-ferrous, oxygen plant, power generation, transmission & distribution, chemical plants, refractories, sugar mills, spinning mills, general engineering, shipyard, port, township etc. including technological survey, assessment of condition & residual useful economic life, reconstruction of asset register & revaluation exercise employing suitable techniques like replacement cost method, earning capacity or capitalisation-of-income method, salvage value or scrap value method.
➢ Business valuation of industrial enterprise.
➢ Fixation of Reserve Prices for disposal of idle plant assets employing appropriate valuation techniques, saleability considerations and S-curve probability model.
➢ Componentization of PPE, residual useful life assessment / assessment of residual values for compliance as per "International Financial Reporting Systems (IFRS) ".
➢ Formulation of pricing mechanism for long term supply of industrial inputs.
➢ Corporate planning including SWOT analysis, business forecasting, human resource & technology planning and formulation of corporate strategies. A member / convenor of the task force team on Corporate Vision Plan of MECON (since 1991)
➢ Comprehensive Growth Plan for Industrial Enterprises taking into account market prospects, capacity augmentation & product-mix optimisation for their improved overall economic performance.
➢ Business Plan for Industrial Enterprises taking into account macro-economic analysis / business segment analysis, diversification options etc.
➢ Vision Plan for Corporate Entities.
➢ Sectoral long range planning including I/O norms in steel sector- Planning Commission.
➢ Organizational succession planning.
➢ Steel sector study in India including market scenario, process options & price / cost structure for Asian Development Bank (ADB), Manila.

Position / Post Held Organisation Place of Posting Duration
Deputy General Manager MECON Ltd. Ranchi April, 2010 - Till date

April, 2010 - Till date (As Deputy General Manager, MECON Ltd, Ranchi)

• Roadmap for 300 Mt steel output by 2025-26 in India and SPV framework study report for Indian Steel Sector for Ministry of Steel, Govt. of India/NMDC Ltd.
• Infrastructure study for steel sector in the country till 2025-26 & planning for dedicated steel freight corridor in the country.
• Concept report on Special mining zones in India
• Reassessment of Bharat Gold Mines (BGML) including updation of RfP, Information Memorandum, Reserve Price Fixation, Bidding Process, Selection of Final Party & Contract Formulation for Sale of BGML assets.
• EOI/RFQ for JV Partner selection for NMDC Power Ltd, and steel & pelletization / slurry pipeline projects of NMDC Ltd.
• Evaluation of RFP for JV partner selection for NMDC Power Ltd.
• DPR for 1 Mtpa Alumina Refinery Project of NALCO in Kutchh, Gujarat.
• Formulation of Vision Plan / Corporate Plan / Business Plan / Manpower Planning for corporate entities viz. MECL, CCI, MRM Cement, FSNL, Bihar Sponge, MECON including organizational restructuring / improvement in performance
• Working group study on export of iron ore vis-à-vis its beneficiation & pelletization for Miistry of Steel, Govt of India.
• Componentization of fixed assets and assessment of residual lives / residual values for SAIL plants for IFRS (international financial reporting standards) compliance
• Expansion of Bokaro Steel Plant of SAIL upto 10 Mt capacity
• Expansion of SAIL iron ore mines under RMD (Gua, Bolani, Kiriburu, Meghahatuburu & Barsua)
• Installation of iron ore pelletization facilities at Gua & Bolani mines of SAIL
• Valuation of assets as per AS 28 for SAIL units viz. Alloy Steel Plant, Durgapur & VISL, Bhadravati.
• Valuation of precious metals lying in fertilizer plant of RSP.
• TEFR on 2x660 MW coal based power plant of M/s Jindal Power Ltd. at Godda (Jharkhand)
• TEFR & market study for ferro-alloys project in Kuwait for M/s Gulf Energy Holding Company.
• Market / demand study for CRNO, Al-Zn coated sheet, color coated sheet & HR coils/sheets for M/s Lloyd Industries.
• TEFR on 9 Mtpa expansion of JSPL, Angul.
• Vetting report on steel plant of M/s Electrosteel Steel Ltd near Bokaro.
• Techno-economic Viability (TEV) study on Kalinga Metallics, Orissa.
• Techno-economic Viability (TEV) study and vetting of project cost for steel plant of M/s Visa Steel Ltd in Orissa for SBI, Kolkata.
• Capital cost, production cost and financial appraisal for expansion of Gandhamardan iron ore mine.
• Concept report on RSP 7 Mtpa expansion, BSL 6 Mtpa expansion & 3 Mtpa steel plant in Nigeria.
• Study on setting up "Centre of Excellence" in Lucknow for Ministry of Steel, Govt of India.
• Consultancy to CII on pre-budget memorandum.
• Budget analysis / analysis of Govt. policies and assessment of impact of fiscal incentives /concession in duties & taxes on investment, product cost & viability of steel project - for Ministry of Steel, Govt. of India.

April, 2006 - March, 2010 (As Assistant General Manager, MECON Ltd, Ranchi)

• Corporate planning of FSNL
• Corporate planning of MECON / organizational restructuring for improvement in performance
• Study on standard costing system for FSNL
• Due Diligence-cum-Asset Valuation Study for DPL, Durgapur and Salem Refractory Unit of Burn Standard & Company Limited.
• Techno-economic viability study for revival / restructuring / turnaround of sick industrial units.
• 2.5 Mtpa Greenfield expansion of IISCO Steel Plant (ISP), Burnpur of SAIL
• Strategic planning study for Qatar Steel
• Stage-I workings for expansion of SAIL iron ore mines under RMD (Gua, Bolani, Kiriburu, Meghahatuburu & Barsua)
• Organizational succession planning for MECON.

May, 2002 - March, 2006 (As Senior Manager, MECON Ltd, Ranchi)

• Corporate planning / organizational restructuring for improvement in performance
• Techno-economic study of Joint Venture proposal for improved overall economic performance
• Business synergy studies for various organizations
• Due Diligence-cum-Segregation Study for hiving off steel plant sub-units viz. oxygen plant, power plant etc.
• Techno-economic viability study for revival / restructuring / turaround of sick industrial units.
• Corporate planning including SWOT analysis, business forecasting, human resource & technology planning and formulation of corporate strategies. A member / convenor of the task force team on Corporate Vision Plan 2006 of MECON.
• Guideline Document on Iron & Steel sector in India for Ministry of Steel, Govt.of India.
• Consultancy to Government of Jharkhand in formulation of revival package for revival / re-activation of sick & ailing industrial units in the State.
• Consultancy to Ministry of Non-conventional Energy Sources (MNES) on municipal waste based incineration cum power generation project.
• Consultancy to Ministry of Steel on various issues pertaining to Iron & steel industry in India.

May, 1998 - April, 2002 (As Manager, MECON Ltd, Ranchi)

• Valuation of plant assets for assessing fair market value / fixation of reserve price for disposal encompassing a number of industrial / infrastructure sectors viz. iron & steel, mining & pelletisation, non-ferrous metals, ferro-alloys, refractories, power plants (thermal / hydel), power distribution, dam, port, shipyard, general engineering, sugar mills, spinning mills, oxygen plants, fertilizer / chemical plants, township / real estate etc.
• Market research / demand assessment for industrial products.
• Techno-economic evaluation of probable sites for locating steel projects based on life cycle costing employing discounted cashflow technique.
• Techno-economic evaluation of various technological process routes / options for coke making, iron & steel making, casting & rolling of steel.

June, 1994 - April, 1998 (As Senior Design Engineer, MECON Ltd, Ranchi)

• Formulation of Comprehensive Growth Plan for Industrial Enterprises taking into account market prospects, capacity augmentation & product-mix optimisation for their improved overall economic performance.
• Steel sector study in India including market scenario, process options & price / cost structure for Asian Development Bank (ADB), Manila.
• Social cost benefit analysis for industrial / infrastructure projects employing shadow pricing techniques / established OECD / UNIDO models.
• Domestic Resource Costing (DRC) and Imputed Economic Values (IEV) for industrial inputs including iron ore and natural gas.

June, 1990 - May, 1994 (As Design Engineer, MECON Ltd, Ranchi)

• Feasibility studies & project reports including techno-economic appraisal of industrial / infrastructure projects - both for greenfield installations, revamping, modernisation & expansion of existing plants / brownfield projects.
• Assistance to client for sanction / clearance of projects from Govt. agencies / Financial Institutions including preparation of Board note / PIB note etc.
• Formulation of Investment Proposal for PSU Consortium Approach to Modernisation of Indian Iron & Steel Company (IISCO), Burnpur for Ministry of Steel.

Assistant General Manager MECON Ltd. Ranchi April, 2006 - March, 2010

• Vishwakarma U.K., Bhattacharya S et.al. (2009); "Meeting the challenges of a growing demand for steel in India."; IE (India) Journal, 90, April, 17.

• Vishwakarma U.K., Bhattacharya S et.al. (2009); " Market based instruments for environment protection: The European experience ."; Steel Scenario.

Senior Manager MECON Ltd. Ranchi May, 2002 - March, 2006

Manager MECON Ltd. Ranchi May, 1998 - April, 2002

• Vishwakarma U.K. & Bhattacharya S. (1998); "Technology options in the process of integrated steel production - A comparison between Blast furnace & Corex process"; 'Opsearch', p 139-53, vol. 35, No. 2.

Senior Design Engineer MECON Ltd. Ranchi June, 1994 - April, 1998

• Vishwakarma U.K. et. al. (1996); "Total productive maintenance and its implementation in the existing industries"; IE (India) Journal.

• Vishwakarma U.K. et. al. (1997); "Raw materials for sponge iron making through coal route - Indian perspective"; MECON Journal, p 13, vol. 16.

• Vishwakarma U.K., Khowala R.C. and Choudhary S.D. (1995); "Orientation of Indian steel industry for international competitiveness"; IE (India) Journal - MM, p 52, vol. 76, November.

• Vishwakarma U.K., Khowala R.C. & Bose P.K. (1994); "Case study on a new alternate charge material for electric arc furnace"; Paper presented at the Workshop on "Alternative charge materials for electric arc & induction furnaces organised by National Metallurgical Laboratory (CSIR) at Jamshedpur, 14-16 December.

Design Engineer MECON Ltd. Ranchi June, 1990 - May, 1994

Assistant Design Engineer MECON Ltd. Ranchi Aug., 1987 - May, 1990

August, 1987 - May, 1990 (As Asstt. Design Engineer, MECON Ltd, Ranchi)

• Preparation of tender documents, pre-qualification of bidders, bid evaluation including evaluation of financing packages and contract negotiation.
• Formulation of pricing mechanism for long term supply of industrial inputs.
• Sectoral long range planning including I/O norms in steel sector for Planning Commission.
• Workshops on Value Engineering / Value Analysis taking into account live projects, techniques for effecting cost savings, etc.

14. Foreign Deputation

• Deputed to Bangladesh for 2 weeks in June, 1999 and for 1 week in April, 2000 in connection with the study on revival plan of Chittagong Steel Mill (CSM), Bangladesh.
• Deputed to Nigeria for 2 weeks in April, 2004 in connection with technical due diligence cum asset valuation of Delta Steel Company, Warri, Nigeria.
• Deputed to Oman for three days in November, 2006 in connection with certification for disbursement of loan from HSBS bank Middle East to Sharq Sohar Steel Rolling Mills LLC, Oman in respect of their Steel Melt Shop Project in Sohar Industrial Port Area, Oman.
• Deputed to Prague, Czech Republic to attend Euro Coke Summit in April, 2008 and also for visiting Coke Oven Plant in Ostrava, Czech Republic designed and supplied by Hutni Projects.

15. Papers Published

Management Trainee (T) MECON Ltd. Bokaro Steel Plant Aug., 1986 - July, 1987


13. Detailed Experience