MSP Steel & Power Engineer Salaries by 20+ Employees (Updated 2025)

3 - 6 years exp.

₹2.4 Lakhs - ₹5.6 Lakhs

Salary of majority employees

Fixed (86%)

₹3.5 Lakhs

Variable (14%)

₹0.5 Lakh

30% less than the average Engineer Salary in Iron & Steel Companies for 3 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Engineer Salary 3 - 6 years exp. (20 salaries)	₹2.5 L/yr - ₹5.6 L/yr
Customer Success, Service & Operations Engineer Salary 4 - 5 years exp. (3 salaries)	₹3.5 L/yr - ₹4.2 L/yr
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Research & Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.3 L/yr

Last Updated: 17 Feb 2025

Companies similar to MSP Steel & Power for Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Steel Engineer Salary 2 - 15 years exp. (851 salaries)	₹2.3 L/yr - ₹11 L/yr 61% more
JSW Steel Engineer Salary 2 - 15 years exp. (614 salaries)	₹2.4 L/yr - ₹9.3 L/yr 54% more
Login to view exact salary
Steel Authority Of India Engineer Salary 0 - 21 years exp. (5 salaries)	₹4.8 L/yr - ₹11 L/yr 115% more
Jindal Steel and Power Engineer Salary 2 - 13 years exp. (70 salaries)	₹2.7 L/yr - ₹8 L/yr 31% more
Vedanta Resources Engineer Salary 0 - 14 years exp. (24 salaries)	₹3.4 L/yr - ₹12.9 L/yr 87% more
ArcelorMittal Nippon Steel Engineer Salary 3 - 8 years exp. (344 salaries)	₹2.4 L/yr - ₹8.1 L/yr 33% more
Bhushan Power & Steel Engineer Salary 5 - 12 years exp. (360 salaries)	₹2.6 L/yr - ₹7.5 L/yr 45% more
Vizag Steel Engineer Salary 3 - 16 years exp. (7 salaries)	₹3.9 L/yr - ₹6.5 L/yr 26% more
Monnet Group Engineer Salary 3 - 14 years exp. (8 salaries)	₹3 L/yr - ₹5.1 L/yr 9% less
Jai Balaji Group Engineer Salary 2 - 11 years exp. (122 salaries)	₹2 L/yr - ₹6 L/yr 1% less
Bmm Ispat Engineer Salary 1 - 7 years exp. (87 salaries)	₹2.6 L/yr - ₹6 L/yr 3% more
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ESL Steel Engineer Salary 3 - 11 years exp. (81 salaries)	₹2.8 L/yr - ₹8.5 L/yr 20% more
Electrotherm Engineer Salary 1 - 8 years exp. (82 salaries)	₹2.1 L/yr - ₹6.5 L/yr 4% less
Jindal Saw Engineer Salary 4 - 15 years exp. (66 salaries)	₹2.3 L/yr - ₹8.6 L/yr 37% more
Kirloskar Ferrous Industries Engineer Salary 3 - 10 years exp. (61 salaries)	₹2.4 L/yr - ₹6.5 L/yr 22% more
Jindal Stainless Engineer Salary 2 - 9 years exp. (56 salaries)	₹2.4 L/yr - ₹7.2 L/yr 12% more
Ratnamani Metals and Tubes Engineer Salary 1 - 8 years exp. (53 salaries)	₹2.4 L/yr - ₹5.2 L/yr 6% less
Aarti Steels Engineer Salary 1 - 9 years exp. (48 salaries)	₹2.4 L/yr - ₹6 L/yr At par
Uttam Value Steels Engineer Salary 1 - 11 years exp. (47 salaries)	₹3 L/yr - ₹6.3 L/yr 20% more
APL Apollo Tubes Engineer Salary 1 - 8 years exp. (44 salaries)	₹2.4 L/yr - ₹5.4 L/yr 3% less

View all

Engineer salary at MSP Steel & Power ranges between ₹2.4 Lakhs to ₹5.6 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 26 latest salaries received from various employees of MSP Steel & Power.

Experience wise MSP Steel & Power Engineer salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
3 years (5 salaries)	₹2.4 L/yr - ₹4.9 L/yr
4 years (4 salaries)	₹3.5 L/yr - ₹4.9 L/yr
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5 years (10 salaries)	₹3.2 L/yr - ₹4.8 L/yr
6 years (7 salaries)	₹3.5 L/yr - ₹5.6 L/yr

Similar Designation salaries in MSP Steel & Power

Officer Salary

(6 salaries)

₹2.5 L/yr - ₹4.92 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Senior Engineer Salary

(38 salaries)

₹3.25 L/yr - ₹7 L/yr

Junior Engineer Salary

(16 salaries)

₹2 L/yr - ₹3.06 L/yr

Project Engineer Salary

(4 salaries)

₹5 L/yr - ₹5.4 L/yr

Supervisor Salary

(3 salaries)

₹2 L/yr - ₹3.6 L/yr

Technician Salary

(3 salaries)

₹3 L/yr - ₹3.6 L/yr

Assistant Engineer Salary

(58 salaries)

₹2 L/yr - ₹4.8 L/yr

Electrical Engineer Salary

(16 salaries)

₹3.3 L/yr - ₹5.1 L/yr

Mechanical Engineer Salary

(14 salaries)

₹2.5 L/yr - ₹5.7 L/yr

Top skills at MSP Steel & Power for Engineer

Power Plant Operation AutoCAD Water Treatment WTP RO Plant

Salary related reviews for MSP Steel & Power

3.9

Rated by 16 employees for salary & benefits

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.

Assistant Engineer in Raigarh

Full Time

Engineering - Hardware & Networks Department

1.0

• posted on 25 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

People are rude especially all the managers they treated you like slave or worse than that. There is no increment and no health benefits which is the worst one. Every year accident happen and company won't give a penny. All the managers are corrupt and canteen service is like hell they take money for each meal around Rs.55 we complain many times but they won't take any action. This company is run by apprentice students and the funny part is apprentice do overtime and you won't get any help from your managers. Especially in my case my HOD won't give confirmation and it almost 1.5 months and he don't give a shit about you. Very unprofessional person his behaviour is so bad and he don't motivate you rather than loose your confidence of doing work. Please think twice before join this company. This company is all about showoff.

Salary - Bad

+6 more

Deputy General Manager Human Resource And Administration in Kolkata

Full Time

Human Resources Department

1.0

• posted on 30 Jan 2025

2.0

for Salary and Benefits

Likes

Location of the Office

Dislikes

The 5* reviews are all misleading. Anyone being offered please do verify with the existing position holder or the departed employees. This will give a clear understanding of the working style, culture of the company. There are many old employees who do not allow new comers to settle down. They treat new comers as if they own the company. Mgt must look into it. Else people will come and go.

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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MSP Steel & Power Engineer Salary FAQs

What is the salary of Engineer at MSP Steel & Power?

Engineer salary at MSP Steel & Power in India ranges between ₹2.4 Lakhs to ₹5.6 Lakhs for experience between 3 years to 6 years. According to our estimates it is 30% less than the average Engineer Salary in India. Salary estimates are based on 26 latest salaries received from various employees of MSP Steel & Power India.

How does the salary of a Engineer at MSP Steel & Power India compare with the average salary range for this job?

The average salary of a Engineer at MSP Steel & Power is 30% less than the average salary of a Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Engineer at MSP Steel & Power?

Power Plant Operation, AutoCAD, Water Treatment, WTP and RO Plant are some of the popular skills required to work as a Engineer at MSP Steel & Power India.

Which similar companies are paying more than MSP Steel & Power to a Engineer in India?

Steel Authority Of India Engineer Salary - ₹4.8 Lakhs to ₹11.0 Lakhs per year
Vedanta Resources Engineer Salary - ₹3.4 Lakhs to ₹12.9 Lakhs per year
Mukand Limited Engineer Salary - ₹5.0 Lakhs to ₹9.2 Lakhs per year
Tata Steel Engineer Salary - ₹2.3 Lakhs to ₹11.0 Lakhs per year
Tata Metaliks Engineer Salary - ₹3.6 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Engineer in companies similar to MSP Steel & Power in India?

JSW Steel Engineer Salary - ₹2.4 Lakhs to ₹9.3 Lakhs per year
Bhushan Power & Steel Engineer Salary - ₹2.6 Lakhs to ₹7.5 Lakhs per year
Jindal Saw Engineer Salary - ₹2.3 Lakhs to ₹8.6 Lakhs per year
ArcelorMittal Nippon Steel Engineer Salary - ₹2.4 Lakhs to ₹8.1 Lakhs per year
Jindal Steel and Power Engineer Salary - ₹2.7 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Engineer at MSP Steel & Power in India?

The estimated take-home salary of a Engineer at MSP Steel & Power ranges between ₹29,819 per month to ₹31,135 per month in India. The take-home salary calculation is based on the average MSP Steel & Power Engineer salary in India which ranges between ₹2.4 Lakhs to ₹5.6 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 61% of the MSP Steel & Power Engineers reported a notice period of 1 Month, 32% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 28 responses on AmbitionBox in last 2 years.

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MSP Steel & Power Engineer Salaries

MSP Steel & Power Engineer salary in India ranges between ₹2.4 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 26 MSP Steel & Power latest salaries received from various employees of MSP Steel & Power.