Ranchi, Nov. 27: Mecon executives want to go back to Steel Authority of India Limited (SAIL).

This, said a section of officers, would help SAIL and Mecon given the company’s improved performance over the last two financial years.

“Members of our executive association have met the SAIL chairman and the Union steel minister to apprise and convince them of the positive aspects of such a merger,” said an executive, who did not wish to be named.

The officers claimed that the response of the SAIL top brass was “positive”, but as the merger will be settled at the political level, the proposal would have to be ratified by Parliament.

The proposal is believed to have the blessings of the Mecon management. Earlier, the powers-that-be were reluctant to accept such a move. “But now, the management has made it known that if there is a proposal for merger, they would accept it,” sources said.

Over the past few months, there has been an upswing in Mecon’s fortunes. As of date, the work order position is healthy both on the consultancy front as well as in supply.

“One can say that our company has already achieved the annual target in both consultancy and supply much before the deadline in March,” the sources said.

Against a projected target of consultancy worth Rs 85 crore by March end, the company has already work order worth around Rs 80 crore and would definitely cross the Rs 120 crore mark by March-end. Similarly, in supply the company is likely to bag work order in excess of Rs 200 crore by March-end, sources said. “If everything goes well, a turnkey project worth Rs 300 crore too would be in the bag,” as the management has decided said a Mecon source.