INTRODUCTION:

The office of the Principal Director of Audit (Steel), Ranchi is one of the field offices in the Commercial Wing of the IA&AD through which Comptroller & Auditor General of India discharges his duties and functions in relation to audit of the Central Public Sector Enterprises. Presently this office has been entrusted with the audit of the following 31 Central Government Companies(including 7 nos. of closed/underliquidation) and Ministry of Steel.

(A)   Government Companies under section 2(45) of Companies Act 2013

1.    Steel Authority of India Limited (SAIL)
2.    Heavy Engineering Corporation Limited (HEC)
3.    MECON Limited
4.    NTPC-SAIL Power Company Limited (NSPCL)
5.    Ferro Scrap Nigam Limited (FSNL)
6.    SAIL Refractory Company Limited (SRCL)
7.    Birsa Stone Lime  Company Limited (BSLC)
8.    Orissa Minerals Development Company Limited (OMDC)
9.    Eastern Investment Limited (EIL)
10.  SAIL Bengal Alloys Casting Pvt. Limited (SBACL)
11.  Ranchi Ashok Bihar Hotel Corporation Limited (RABHC)
12.  BITCO (Defunct Company)
13.  Bokaro Power Supply Company (P) Limited (BPSCL)
14.  Nabinagar Power Generating Company Pvt. Limited (NPGCL)
15.  Kanti Bijlee Utpadan Nigam Limited (KBUNL)
16.  Bhartiya Rail Bijlee Company Limited (BRBCL)
17.  HPCL Biofuels Limited 
18.  Chhattisgarh East Railway Limited (CERL)
19.  Chhattisgarh East West Railway Limited (CEWRL)
20.  International Coal Venture Pvt. Limited (ICVL)
21.  Jharkhand National Mineral Development Corporation Limited (JNMDC)
22.  NMDC-CMDC Limited
23.  Chhattisgarh  Mega Steel Limited (CMSL)
24.  Patratu Vidyut Utpadan Limited (PVUNL) 

 

List of closed/Under liquidation companies

1.    SAIL-MOIL Ferro Alloys (P) Limited
2.    CREDA HPCL Biofuels Limited
3.    Indian Oil CREDA Biofuels Limited
4.    SAIL Jagdishpur Power Plant Limited
5.    SAIL Sindri Project Limited
6.    Jharkhand Kolhan Steel Limited (JKSL)
7.    Chhattisgarh Mining Ventures Limited

B I           As Sub Auditor:

 

Sl No

Name of CPSEs

Region/Place

  1.  

Ashok Travels and Tour (ATT) Division

Patna 

  1.  

Indian Tourism Development Corporation (ITDC),

Kolkata

  1.  

MMTC Limited

Bhubaneswar

  1.  

National Small Industries Corporation (NSIC) 

Rourkela, Patna, Jamshedpur andDurgapur

  1.  

National Textile Corporation (NTC)

Arati Cotton Mills, Dasanagar,  W. Bengal

  1.  

Agriculture Insurance Company of India (AICI) Limited

Regional offices at Patna, Ranchi, Bhubaneswar, Raipur and Kolkata

  1.  

Cotton Corporation of India Limited(CCIL)

Rayagada (Odisha) andKolkata

  1.  

National Thermal Power Corporation (NTPC)

Korba andED Office, Raipur

  1.  

National Hydro Power Corporation (NHPC)

Patna

  1.  

Mineral Exploration Corporation Limited (MECL)

Ranchi area

  1.  

Export Credit Guarantee Corporation (ECGC)

Bhubaneswar,  Kolkata and Varanasi

 

B II  As Sub Auditor

Sl No

Name of AB

  Region/Place

  1.  

Khadi and Village Industries Commission(KVIC)

5 Units located in Bihar, Jharkhand and Chhattisgarh

  1.  

Central Silk Board

34 Units located in Bihar, Jharkhand and Chhattisgarh

  1.  

National Institute of Fashion Technology

Patna, Bihar

  1.  

COIR Board

Patna

  1.  

Footwear Design & Development Institute

Patna

  1.  

Central Institute of Petrochemicals Engineering and Technology (CIPET)

Hajipur and Raipur

III: Central Statutory Corporation

As Sub Auditor

Sl No

Name of Statutory Corporation

 Region/Place

  1.  

Airports Authority of India (AAI)

AAI, Ranchi

  1.  

National Highways Authority of India

Regional Office and Project Implementation Units of Bihar, Jharkhand and Chhattisgar

B IV: Ministry  Govt. of India

 Sl No

Field offices

 Region/Place

  1.  

Ministry of Steel

New Delhi

  1.  

Joint Director of Foreign Trade, Patna

Patna

B V: Other Lists of auditee units

  1.  

Indo Danish Tool Room (AB)

Jamshedpur

  1.  

Jan Jagran Kendra (NGO)

Hazaribag

  1.  

Baba Chauharmal Smarak Samiti (NGO)

Patna

  1.  

Chhatisgarh Hastshilp Vikas Board (NGO)

Raipur

  1.  

Pholeen Mahila Chetna Vikas Kendra (NGO)

Deogarh

  1.  

Bhojpur Mahila Kala Kendra (NGO)

Ara (Bihar)

  1.  

Gramin Jan Kalyan Parishad (NGO)

Muzaffarpur

  1.  

Upendra Maharathi Sansthan (NGO)

Patna

  1.  

Institute of Hotel Management Catering and Nutrition, Hazipur (AB)

Hajipur (Bihar)

  1.  

Bhartiya Manav Vikas Seva Sansthan, Deoghar (NGO)

Deoghar (Jharkhand)

  1.  

Ambapali Handlooms & Handicrafts Multi State Co-operative Society Ltd., Patna (AB)

Patna

AUDIT FUNCTION

The office of the Principal Director of Audit (Steel), Ranchi is mainly entrusted with the audit of the Public Sector Undertakings in the steel sector and in the field of Power, heavy engineering, refractories, engineering consultancy,  mining. Audit of some Autonomous Bodies and Statutory Corporations have also been entrusted to the office.  

Function and duties of the office includes-

  1. Corporate Plan/Action Plan, Preparation of Annual Audit Plan and Implementation Report, Approval/implementation of Quarterly Audit Plan of Resident Audit Offices and Local Audit Parties located at Ranchi.
  2. Compliance Audit and Performance Audit of the Government Companies, Autonomous Bodies and Central Statutory Corporations, Compliance Audit/ Grant based audit of Non-Government Organisations.
  3. Certification of Annual Accounts of Government Companies and issue of comments under section 143(6) of the Companies Act, 2013. Processing of Compliance Audit Paras and Performance Audit Reports.
  4. Audit of Ministry of Steel
  5. Vetting of Action Taken Notes on Audit Report Paras, Preparation of Memorandum of Important Points.
  6. Preparation of Summarised Financial Results of the Companies

OTHER FUNCTION:

  • Data Analytics Activities       

INFORMATION SYSTEM

  • All Information Technology related work viz. Assessment of requirements and purchase of IT assets and consumable items through GeM, maintenance of IT assets manually and through Online Inventory Module, LAN, IA&AD Net, VPN, NIC email, AMC contracts for IT assets, Video Conferencing, Website/subsite content management system etc.

TRAINING ACTIVITIES

  • All correspondence with Regional Training Institute, Ranchi and other RTIs, International Centre of Information System and Audit(iCISA), Noida, Uttar Pradesh, International Centre Environment Audit  and Sustainable Development (iCED), Jaipur, O P Jindal Global University, Sonepat, Haryana. Training Need Analysis for RTI Ranchi and iCED, Jaipur, nomination of participants in RTIs and Inhouse through  System Automation Initiatives (SAI) Training Project, information technology related data maintenance of Auditee units in iCISA server,
  • In-house training programme and All returns to HQ regarding training

 

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