In order to make India self-reliant in alloy & special steels production, ASP was set up in January 1965 under Hindustan Steel Limited, now SAIL. Consultant for ASP was M/s MN Dastur & Co. Technology knowhow was from M/s Atlas Steels, Canada. Major equipment supplier was JASCON – a Japanese Consortium, while the Reheating Furnaces were supplied by Amco, Canada and Heat Treatment Furnaces supplied by Wellman Incandescent.
ASP is located at Durgapur in Burdwan district of West Bengal around 175 KM from Kolkata, along the Howrah-Delhi Main Railway line & Grand Trunk Road (National Highway-2). It is spread over an area of around 4.67 Sq. KM (467.22 Hectare).
ASP has been selected as the site where the world’s 2nd largest commercial iron nugget making plant of 0.5 MT capacity based on ITmk3 technology will be set up by SAIL-Kobe Iron India Pvt. Ltd. (SKIIPL), a 50:50 Joint Venture Company formed by SAIL with M/s Kobe Steel, Japan.