MSP Steel & Power Project Engineer Salaries by 4 Employees (Updated 2025)

2 - 14 years exp.

₹5 Lakhs - ₹5.4 Lakhs

Low Confidence

Salary of majority employees

Fixed (85%)

₹4.4 Lakhs

Variable (15%)

₹0.8 Lakh

5% less than the average Project Engineer Salary in Iron & Steel Companies for 2 - 14 years of experience

Interested in this particular role?

Salaries in different departments

Construction & Site Engineering Project Engineer Salary 3 - 14 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹5.4 L/yr
Login to view exact salary
Project & Program Management Project Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 28 Feb 2025

Companies similar to MSP Steel & Power for Project Engineer

Company name	Avg Annual Salary	Open Jobs
JSW Steel Project Engineer Salary 1 - 9 years exp. (75 salaries)	₹2.2 L/yr - ₹6.7 L/yr 14% less
Tata Steel Project Engineer Salary 1 - 9 years exp. (23 salaries)	₹1.8 L/yr - ₹7.8 L/yr 8% less
Login to view exact salary
Jindal Stainless Project Engineer Salary 1 - 5 years exp. (9 salaries)	₹3.5 L/yr - ₹6.1 L/yr 12% less
Electrotherm Project Engineer Salary 3 - 9 years exp. (8 salaries)	₹3.3 L/yr - ₹7 L/yr 16% less
Jindal Saw Project Engineer Salary 0 - 15 years exp. (7 salaries)	₹3 L/yr - ₹6.5 L/yr 13% more
Ratnamani Metals and Tubes Project Engineer Salary 1 - 4 years exp. (5 salaries)	₹2.5 L/yr - ₹5 L/yr 45% less
Vardhman Special Steels Project Engineer Salary 6 - 10 years exp. (4 salaries)	₹6.4 L/yr - ₹12.8 L/yr 70% more
ESL Steel Project Engineer Salary 2 - 10 years exp. (3 salaries)	₹2.3 L/yr - ₹4.8 L/yr 29% less
Aarti Steels Project Engineer Salary 12 - 14 years exp. (3 salaries)	₹3.5 L/yr - ₹4 L/yr 27% less
Jai Balaji Group Project Engineer Salary 4 - 7 years exp. (3 salaries)	₹2.8 L/yr - ₹4.3 L/yr 28% less
Bmm Ispat Project Engineer Salary 4 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹4 L/yr 27% less
Login to view exact salary
MM Forgings Project Engineer Salary 5 - 9 years exp. (3 salaries)	₹2.1 L/yr - ₹4.2 L/yr 37% less
ISMT Project Engineer Salary 0 - 4 years exp. (3 salaries)	₹3.6 L/yr - ₹4 L/yr 27% less

Project Engineer salary at MSP Steel & Power ranges between ₹5 Lakhs to ₹5.4 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of MSP Steel & Power.

Experience wise MSP Steel & Power Project Engineer salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
3 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
14 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in MSP Steel & Power

Project Manager Salary

(3 salaries)

₹10.9 L/yr - ₹15.5 L/yr

Senior Engineer Salary

(45 salaries)

₹3.25 L/yr - ₹7 L/yr

Civil Engineer Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Quality Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Junior Engineer Salary

(16 salaries)

₹2 L/yr - ₹3.06 L/yr

Project Coordinator Salary

(AmbitionBox Estimate)

₹12.3 L/yr - ₹15.8 L/yr

Assistant Engineer Salary

(56 salaries)

₹2 L/yr - ₹4.8 L/yr

Diploma Civil Engineer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Deputy Manager Salary

(36 salaries)

₹5.2 L/yr - ₹10.25 L/yr

Site Supervisor Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Top skills at MSP Steel & Power for Project Engineer

Project Mechanical

Salary related reviews for MSP Steel & Power

3.6

Rated by 2 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.

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about MSP Steel & Power?

Ask anonymously on communities.

MSP Steel & Power Project Engineer Salary FAQs

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

The average salary of a Project Engineer at MSP Steel & Power in India typically ranges from ₹5.0 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 2 years to 14 years).

The top 10% of Project Engineer at MSP Steel & Power earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Project Engineer Salaries at MSP Steel & Power 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 4 MSP Steel & Power employees in India.

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

The estimated take-home salary of a Project Engineer at MSP Steel & Power in India typically ranges from ₹39,472 to ₹40,645 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 2 years to 14 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 4 salaries received from various employees of MSP Steel & Power. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Project Engineer at MSP Steel & Power ?

To be a Project Engineer at MSP Steel & Power in india, the key skills required include:

- Project
- Mechanical

These skills are highly valued at MSP Steel & Power and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than MSP Steel & Power for Project Engineer in India?

Vardhman Special Steels	₹6.4 Lakhs to ₹12.8 Lakhs per year
Jindal Saw	₹3.0 Lakhs to ₹6.5 Lakhs per year

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

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

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

Tata Steel	₹1.8 Lakhs to ₹7.8 Lakhs per year
Jindal Stainless	₹3.5 Lakhs to ₹6.1 Lakhs per year
JSW Steel	₹2.2 Lakhs to ₹6.7 Lakhs per year
Electrotherm	₹3.3 Lakhs to ₹7.0 Lakhs per year
ISMT	₹3.6 Lakhs to ₹4.0 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 Project Engineer at MSP Steel & Power in India?

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

Experience	Average Salary Range
2 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
3 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
4 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
14 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
MSP Steel & Power Salaries >
MSP Steel & Power Project Engineer Salaries

MSP Steel & Power Project Engineer salary in India ranges between ₹5 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MSP Steel & Power latest salaries received from various employees of MSP Steel & Power.