Burn Standard Company Limited

Burn Standard Company Limited (BSCL) is a Public Sector Undertaking (PSU) of the Government of India.

On 4 April 2018, Cabinet approves closure of loss making Burn Standard Company Limited.

Subsequently, the company with its two engineering units at Howrah and Burnpur came under the administrative control of Ministry of Railways in September 2010.

According to UK based newspaper Independent, in March 2008, John Messer, the lead in-house lawyer for US engineering group McDermott International, was still trying to get paid for a contract drawn up in the late 1980s to build a giant offshore platform for the Mumbai High oil field.

In October 2006, Burn Standard, the Indian engineering company that sub-contracted work on the project to McDermott, lost its appeal against a court ruling instructing it to pay the US group $90m (£45m).