MSP Steel & Power Diploma Mechanical Engineer Salaries by 3 Employees (Updated 2025)

5 - 6 years exp.

₹3.8 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

66% more than the average Diploma Mechanical Engineer Salary in Iron & Steel Companies for 5 - 6 years of experience

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Last Updated: 11 Feb 2025

Companies similar to MSP Steel & Power for Diploma Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Steel Diploma Mechanical Engineer Salary 0 - 6 years exp. (49 salaries)	₹1.2 L/yr - ₹6.5 L/yr 28% less
JSW Steel Diploma Mechanical Engineer Salary 0 - 5 years exp. (38 salaries)	₹2 L/yr - ₹4.3 L/yr 24% less
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Steel Authority Of India Diploma Mechanical Engineer Salary 5 - 6 years exp. (3 salaries)	₹1 L/yr - ₹6 L/yr At par
Jindal Steel and Power Diploma Mechanical Engineer Salary 0 - 3 years exp. (30 salaries)	₹1.4 L/yr - ₹6 L/yr 13% less
Vedanta Resources Diploma Mechanical Engineer Salary 3 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹3.5 L/yr 40% less
ArcelorMittal Nippon Steel Diploma Mechanical Engineer Salary 0 - 5 years exp. (41 salaries)	₹1.5 L/yr - ₹5.5 L/yr 31% less
Bhushan Power & Steel Diploma Mechanical Engineer Salary 6 - 9 years exp. (3 salaries)	₹2 L/yr - ₹3.6 L/yr 35% less
Vizag Steel Diploma Mechanical Engineer Salary 2 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹2.4 L/yr 55% less
Jindal Stainless Diploma Mechanical Engineer Salary 2 - 7 years exp. (9 salaries)	₹2.5 L/yr - ₹4.2 L/yr 25% less
Indian Metals & Ferro Alloys Diploma Mechanical Engineer Salary 1 - 14 years exp. (5 salaries)	₹1.3 L/yr - ₹8 L/yr 5% more
Jindal Saw Diploma Mechanical Engineer Salary 1 - 3 years exp. (5 salaries)	₹2.5 L/yr - ₹3.4 L/yr 26% less
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ESL Steel Diploma Mechanical Engineer Salary 3 - 18 years exp. (4 salaries)	₹1.9 L/yr - ₹8.7 L/yr 26% more
Ratnamani Metals and Tubes Diploma Mechanical Engineer Salary 0 - 2 years exp. (4 salaries)	₹1.3 L/yr - ₹2 L/yr 63% less
Jai Balaji Group Diploma Mechanical Engineer Salary 5 - 9 years exp. (4 salaries)	₹2 L/yr - ₹3.6 L/yr 41% less
MM Forgings Diploma Mechanical Engineer Salary 4 - 7 years exp. (4 salaries)	₹1.8 L/yr - ₹3.4 L/yr 42% less
Mukand Limited Diploma Mechanical Engineer Salary 2 - 4 years exp. (4 salaries)	₹1.6 L/yr - ₹6.5 L/yr 44% less
ISMT Diploma Mechanical Engineer Salary 0 - 7 years exp. (4 salaries)	₹2.1 L/yr - ₹3.5 L/yr 35% less
Aarti Steels Diploma Mechanical Engineer Salary 2 - 6 years exp. (3 salaries)	₹0.6 L/yr - ₹5.1 L/yr 52% less
Kirloskar Ferrous Industries Diploma Mechanical Engineer Salary 1 - 3 years exp. (3 salaries)	₹1.6 L/yr - ₹3 L/yr 51% less
Tata Metaliks Diploma Mechanical Engineer Salary 1 - 6 years exp. (3 salaries)	₹1.6 L/yr - ₹4 L/yr 60% less

Diploma Mechanical Engineer salary at MSP Steel & Power ranges between ₹3.8 Lakhs to ₹4.5 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of MSP Steel & Power.

Experience wise MSP Steel & Power Diploma Mechanical Engineer salaries

Last Updated: 11 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.5 L/yr
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6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.5 L/yr

Similar Designation salaries in MSP Steel & Power

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₹3.25 L/yr - ₹7 L/yr

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₹2.9 L/yr - ₹4.5 L/yr

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₹2 L/yr - ₹4.8 L/yr

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₹3.2 L/yr - ₹4.1 L/yr

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Salary related reviews for MSP Steel & Power

Assistant Engineer in Raigarh

Production, Manufacturing & Engineering Department

4.0

• posted on 28 May 2021

3.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent.

Skill development - Good

+2 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign

Assistant Engineer - Civil in Raigarh

Full Time

Other Department

2.0

• posted on 27 Nov 2023

2.0

for Salary and Benefits

Likes

.timely payment of salary

Job security - Good

Dislikes

...astructure for civil Department with lack of resources and improper management. the basic pay comes on month start and the variable pay comes on month end which is not shown in pay slip

Salary - Poor

+2 more

Junior Accounts Officer in Kolkata

Finance & Accounting Department

4.0

• posted on 24 Jun 2019

5.0

for Salary and Benefits

Likes

Good infrastructure and technology, Good and friendly atmosphere for working and employees can get good benefit thru working with this company.

Salary - Excellent

+6 more

Dislikes

Some irritating teammates, lack of professional training, not so good hike in salary.

Mechanical Maintenance Engineer in Raigarh

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 12 Sep 2024

3.0

for Salary and Benefits

Likes

Here most likely to say HEAD OF POWER PLANT DIVISION IS NOT GOOD VERY POOR HEAD AND UPPER LEVEL ONLY WORKING FOR SELF ALL CREDITS TAKEN IN SELF WAY, ALSO TOUGH CHLLANGE TO WORK CURRENTLY

Job security - Excellent

Dislikes

Here Upper level boss drinking in plant and no good culture misbehave of boss to engineer and workers every day they want people work 15 hrs if you want to take leave you have to tell all details about your personal

Skill development - Bad

+4 more

Administration And Human Resource Officer in Raigarh

Full Time

Finance & Accounting Department

5.0

• posted on 08 Jun 2024

5.0

for Salary and Benefits

Likes

Steel and power group I like it about a most important steel and power in India anything and any person part in India...

Salary - Excellent

+6 more

Dislikes

Nothing are any about at MSP steel and power dislike because all world working best.

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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MSP Steel & Power Diploma Mechanical Engineer Salary FAQs

What is the notice period for Diploma Mechanical Engineer at MSP Steel & Power?

According to AmbitionBox, 100% of the MSP Steel & Power Diploma Mechanical Engineers reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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MSP Steel & Power Diploma Mechanical Engineer Salaries

MSP Steel & Power Diploma Mechanical Engineer salary in India ranges between ₹3.8 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 MSP Steel & Power latest salaries received from various employees of MSP Steel & Power.