ArcelorMittal Nippon Steel Power Plant Engineer Salaries by 6 Employees

1 - 8 years exp.

₹3 Lakhs - ₹5.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

39% less than the average Power Plant Engineer Salary in Iron & Steel Companies for 1 - 8 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Power Plant Engineer Salary 6 - 8 years exp. (3 salaries)	₹5 L/yr - ₹5.4 L/yr
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Energy & Mining Power Plant Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 22 Jun 2024

Companies similar to ArcelorMittal Nippon Steel for Power Plant Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Steel Power Plant Engineer Salary 6 - 17 years exp. (12 salaries)	₹3.5 L/yr - ₹10 L/yr 66% more
Jindal Steel and Power Power Plant Engineer Salary 5 - 20 years exp. (7 salaries)	₹7 L/yr - ₹16.4 L/yr 160% more
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Jai Balaji Group Power Plant Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹4.4 L/yr 23% less
Rashmi Group Power Plant Engineer Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.4 L/yr 47% less
JSW Group Power Plant Engineer Salary 0 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹6 L/yr 16% more
Jindal Stainless Power Plant Engineer Salary 1 - 4 years exp. (3 salaries)	₹4.5 L/yr - ₹5.8 L/yr 23% more
Jindal Saw Power Plant Engineer Salary 7 - 20 years exp. (3 salaries)	₹6.4 L/yr - ₹9.5 L/yr 86% more
Usha Martin Power Plant Engineer Salary 11 years exp. (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr 26% less

Power Plant Engineer salary at ArcelorMittal Nippon Steel ranges between ₹3 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 6 latest salaries received from various employees of ArcelorMittal Nippon Steel.

Experience wise ArcelorMittal Nippon Steel Power Plant Engineer salaries

Last Updated: 22 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
8 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr

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Salary related reviews for ArcelorMittal Nippon Steel

Senior Engineer in Wardha

Full Time

Quality Assurance Department

4.0

• posted on 01 Oct 2023

2.0

for Salary and Benefits

Likes

Working under seniors with good experience and calibre, standards of the company, safe and clean working environment,I like this working environment that keeps us pushing to learn more

Skill development - Good

+3 more

Dislikes

Canteen food need to improve, salary for the experience candidates need to revise,

Salary - Poor

+1 more

Deputy Manager in Hazira

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 25 Jul 2023

4.0

for Salary and Benefits

Likes

Good company to start. Company should look for work life balance for employees working in shift.

Salary - Good

+2 more

Dislikes

Compensation is different for different GET just base on college on the same designation and same work role

Senior Engineer in Hazira

Full Time

Project & Program Management Department

2.0

• posted on 26 Sep 2023

2.0

for Salary and Benefits

Likes

Job security !!

Job security - Good

Dislikes

Poor salary structure. No policy for promotion. You will get silent increments if you are boss's favorite. Slave culture in company. No job role changes. If you pass 10 years in company your job role is not going to change.

Salary - Poor

+5 more

Deputy Manager in Surat

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 01 Mar 2023

3.0

for Salary and Benefits

Likes

Skill development and learning programs are good.

Skill development - Good

Dislikes

There is too much difference in the pay scale between newly joined and experienced people. Newly joined people get more CTC compared to experienced people. HR policy is too poorest.

Shift Engineer in Khopoli

Full Time

Production Department

3.0

• posted on 03 May 2018

3.0

for Salary and Benefits

Likes

...ood company for learning new things, teammates are really cooperative in nature. Salary is one negative point from last 4 years, otherwise it is a very good company.

Skill development - Excellent

+1 more

Dislikes

Salary is very less and not getting any increment since last 4 year

Job security - Poor

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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ArcelorMittal Nippon Steel Power Plant Engineer Salary FAQs

What is the salary of Power Plant Engineer at ArcelorMittal Nippon Steel ?

The average salary of a Power Plant Engineer at ArcelorMittal Nippon Steel in India typically ranges from ₹3.0 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Power Plant Engineer at ArcelorMittal Nippon Steel earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Power Plant Engineer Salaries at ArcelorMittal Nippon Steel can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 ArcelorMittal Nippon Steel employees in India.

What is the estimated take home salary of a Power Plant Engineer at ArcelorMittal Nippon Steel in India?

The estimated take-home salary of a Power Plant Engineer at ArcelorMittal Nippon Steel in India typically ranges from ₹30,037 to ₹31,351 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 1 year to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of ArcelorMittal Nippon Steel. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ArcelorMittal Nippon Steel for Power Plant Engineer in India?

Jindal Steel and Power	₹7.0 Lakhs to ₹16.4 Lakhs per year
Jindal Saw	₹6.4 Lakhs to ₹9.5 Lakhs per year
Tata Steel	₹3.5 Lakhs to ₹10.0 Lakhs per year
Jindal Stainless	₹4.5 Lakhs to ₹5.8 Lakhs per year
JSW Group	₹3.6 Lakhs to ₹6.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ArcelorMittal Nippon Steel, depending on the role and experience level.

What is the salary of a Power Plant Engineer in companies similar to ArcelorMittal Nippon Steel in India?

The salary of a Power Plant Engineer at companies similar to ArcelorMittal Nippon Steel in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Jai Balaji Group	₹2.5 Lakhs to ₹4.4 Lakhs per year
Usha Martin	₹2.7 Lakhs to ₹3.5 Lakhs per year
Rashmi Group	₹1.8 Lakhs to ₹2.4 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Power Plant Engineer at ArcelorMittal Nippon Steel in India?

The salary growth for a Power Plant Engineer at ArcelorMittal Nippon Steel depends on factors such as experience, performance, and promotions. On average, a Power Plant Engineer can expect the following growth trajectory at ArcelorMittal Nippon Steel:

Experience	Average Salary Range
1 year	₹2.7 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
4 years	₹3.4 Lakhs to ₹4.4 Lakhs per year

and so on.

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ArcelorMittal Nippon Steel Power Plant Engineer Salaries

ArcelorMittal Nippon Steel Power Plant Engineer salary in India ranges between ₹3 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 ArcelorMittal Nippon Steel latest salaries received from various employees of ArcelorMittal Nippon Steel.