Monnet Ispat and Energy limited is a company of the Monnet group that is the second largest coal based sponge iron producer in India. It also operates coal mines and manufactures ferro alloys.
(For more details visit the website www.monnetgroup.com)
Corporate Office: New Delhi
Prominent operating locations: Raipur and Raigarh
Recruitment
Until last year i.e. 2010 an all India test for engineering students was conducted.
2011 has seen them visiting the campuses.
Colleges Visited:
IITs, NITs and other local colleges.
SELECTION PROCEDURE:
1) Written test
2) Group Discussion
3) Interview
Written Test:
Duration: 1 hour (no negative marking)
Sections: Aptitude and Core branch (60 % is the minimum cut off to qualify.)
Group Discussion:
In Group Discussion current topics are discussed. In 2011 the topic of GD was “Is wikileaks good or bad”
Interview:
Technical + Informal (In 2011 questions were asked from the projects that students had done during the course and earthquake resistant buildings.)
Training Period: 1 year
Bond: No bond restriction.
Post designated to trainees: Management Technical Trainee
(Also read: Jobs in PSUs: Benefits & Drawbacks)
Package:
5 lakh per annum for IIT students. (Exclusive of fooding and lodging)
3.87 lakh for other students.
Work Environment:
Trainees spend five hours in class rooms and another one to two hours on the site plants.
Advantages:
• Good chances of expansion.
• Increasing packages.
• Offering chances to students from tier-2 colleges.
Disadvantages:
• Slow growth.
• Posting in semi-urban areas.