MSP Steel & Power Mechanical Engineer Salaries by 10+ Employees (Updated 2025)

3 - 8 years exp.

₹2.5 Lakhs - ₹5.7 Lakhs

Salary of majority employees

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At par with the average Mechanical Engineer Salary in Iron & Steel Companies for 3 - 8 years of experience

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Last Updated: 12 Oct 2024

Companies similar to MSP Steel & Power for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Steel Mechanical Engineer Salary 0 - 10 years exp. (367 salaries)	Unlock ₹1.2 L/yr - ₹9 L/yr 1% more
JSW Steel Mechanical Engineer Salary 0 - 12 years exp. (184 salaries)	Unlock ₹1.7 L/yr - ₹8.7 L/yr 10% more
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Steel Authority Of India Mechanical Engineer Salary 0 - 8 years exp. (7 salaries)	Unlock ₹2.1 L/yr - ₹9.8 L/yr 17% more
Jindal Steel and Power Mechanical Engineer Salary 1 - 12 years exp. (91 salaries)	Unlock ₹1.8 L/yr - ₹7 L/yr At par	1 job opening
Vedanta Resources Mechanical Engineer Salary 0 - 9 years exp. (22 salaries)	Unlock ₹3.5 L/yr - ₹11 L/yr 53% more
ArcelorMittal Nippon Steel Mechanical Engineer Salary 0 - 7 years exp. (113 salaries)	Unlock ₹1.5 L/yr - ₹8 L/yr 1% less
Bhushan Power & Steel Mechanical Engineer Salary 2 - 12 years exp. (122 salaries)	Unlock ₹2.5 L/yr - ₹7.5 L/yr 17% more
Vizag Steel Mechanical Engineer Salary 0 - 7 years exp. (12 salaries)	Unlock ₹1 L/yr - ₹6.5 L/yr 18% less
Jai Balaji Group Mechanical Engineer Salary 2 - 8 years exp. (43 salaries)	Unlock ₹1.8 L/yr - ₹6.1 L/yr 16% less
Jindal Stainless Mechanical Engineer Salary 2 - 9 years exp. (42 salaries)	Unlock ₹2.5 L/yr - ₹6.4 L/yr 4% less
Electrotherm Mechanical Engineer Salary 1 - 8 years exp. (39 salaries)	Unlock ₹1.8 L/yr - ₹4.8 L/yr 12% less
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Jindal Saw Mechanical Engineer Salary 0 - 12 years exp. (36 salaries)	Unlock ₹2 L/yr - ₹8.5 L/yr 5% less
ESL Steel Mechanical Engineer Salary 3 - 14 years exp. (28 salaries)	Unlock ₹3.6 L/yr - ₹7.2 L/yr 32% more
Bmm Ispat Mechanical Engineer Salary 1 - 8 years exp. (30 salaries)	Unlock ₹2.5 L/yr - ₹4.1 L/yr 16% less
Jayaswal Neco Industries Mechanical Engineer Salary 1 - 7 years exp. (24 salaries)	Unlock ₹2.1 L/yr - ₹5 L/yr 28% less
Aarti Steels Mechanical Engineer Salary 0 - 9 years exp. (19 salaries)	Unlock ₹2.4 L/yr - ₹7 L/yr 15% less
Ratnamani Metals and Tubes Mechanical Engineer Salary 1 - 8 years exp. (18 salaries)	Unlock ₹2.4 L/yr - ₹4.6 L/yr 21% less
Sarda Energy & Minerals Mechanical Engineer Salary 1 - 20 years exp. (14 salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 13% less
Usha Martin Mechanical Engineer Salary 2 - 10 years exp. (14 salaries)	Unlock ₹2 L/yr - ₹6 L/yr 5% less
Kirloskar Ferrous Industries Mechanical Engineer Salary 0 - 9 years exp. (12 salaries)	Unlock ₹1.8 L/yr - ₹6.3 L/yr 11% more

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Mechanical Engineer salary at MSP Steel & Power ranges between ₹2.5 Lakhs to ₹5.7 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 14 latest salaries received from various employees of MSP Steel & Power.

Latest annual salaries shared by MSP Steel & Power Mechanical Engineer

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5 years exp.

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6 years exp.

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7 years exp.

7mo ago

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5 years exp.

11mo ago

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4 years exp.

1y ago

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8 years exp.

1y ago

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7 years exp.

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4 years exp.

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6 years exp.

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3 years exp.

Experience wise MSP Steel & Power Mechanical Engineer salaries

Last Updated: 12 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹7 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹7.3 L/yr
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5 years (5 salaries)	Unlock ₹2.5 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹1.7 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹8.1 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹1.9 L/yr - ₹5.7 L/yr

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Similar Designation salaries in MSP Steel & Power

Electrical Engineer Salary

(16 salaries)

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₹3.3 L/yr - ₹5.1 L/yr

Senior Engineer Salary

(46 salaries)

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₹3.25 L/yr - ₹7 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr

Junior Engineer Salary

(16 salaries)

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₹2 L/yr - ₹3.06 L/yr

Maintenance Engineer Salary

(4 salaries)

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₹3.23 L/yr - ₹4 L/yr

Project Engineer Salary

(4 salaries)

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₹5 L/yr - ₹5.4 L/yr

Assistant Engineer Salary

(57 salaries)

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₹2 L/yr - ₹4.8 L/yr

Production Engineer Salary

(6 salaries)

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₹2.9 L/yr - ₹4.5 L/yr

Senior Electrical Engineer Salary

(7 salaries)

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₹3.65 L/yr - ₹5.2 L/yr

Technician Salary

(3 salaries)

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₹3 L/yr - ₹3.6 L/yr

Salary related reviews for MSP Steel & Power

3.3

Rated by 3 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

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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... read more

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MSP Steel & Power Mechanical Engineer Salary FAQs

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

Mechanical Engineer salary at MSP Steel & Power in India ranges between ₹2.5 Lakhs to ₹5.7 Lakhs for experience between 3 years to 8 years. According to our estimates it is 4% less than the average Mechanical Engineer Salary in India. Salary estimates are based on 14 latest salaries received from various employees of MSP Steel & Power India.

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

The average salary of a Mechanical Engineer at MSP Steel & Power is 4% less than the average salary of a Mechanical Engineer in India. To know exact salary insights, login to view.

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

Vedanta Resources Mechanical Engineer Salary - ₹3.5 Lakhs to ₹11.0 Lakhs per year
Tata Metaliks Mechanical Engineer Salary - ₹5.3 Lakhs to ₹7.5 Lakhs per year
ESL Steel Mechanical Engineer Salary - ₹3.6 Lakhs to ₹7.2 Lakhs per year
Indian Metals & Ferro Alloys Mechanical Engineer Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
Bhushan Power & Steel Mechanical Engineer Salary - ₹2.5 Lakhs to ₹7.5 Lakhs per year

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

Steel Authority Of India Mechanical Engineer Salary - ₹2.1 Lakhs to ₹9.8 Lakhs per year
Kirloskar Ferrous Industries Mechanical Engineer Salary - ₹1.8 Lakhs to ₹6.3 Lakhs per year
JSW Steel Mechanical Engineer Salary - ₹1.7 Lakhs to ₹8.7 Lakhs per year
Tata Steel Mechanical Engineer Salary - ₹1.2 Lakhs to ₹9.0 Lakhs per year
Jindal Steel and Power Mechanical Engineer Salary - ₹1.8 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Mechanical Engineer at MSP Steel & Power ranges between ₹32,835 per month to ₹34,107 per month in India. The take-home salary calculation is based on the average MSP Steel & Power Mechanical Engineer salary in India which ranges between ₹2.5 Lakhs to ₹5.7 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 58% of the MSP Steel & Power Mechanical Engineers reported a notice period of 1 Month, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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MSP Steel & Power Mechanical Engineer Salaries

MSP Steel & Power Mechanical Engineer salary in India ranges between ₹2.5 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 MSP Steel & Power latest salaries received from various employees of MSP Steel & Power.