Tata Group firm to buy govt stake in Neelanchal Ispat, wins bid for Rs 12,100 crore
Neelachal Ispat Nigam Ltd. (NINL) is a joint venture of 4 CPSEs, namely MMTC, NMDC, BHEL, MECON and 2 Odisha Govt. PSUs, namely OMC and IPICOL.
Feb 01, 2022, 08:50 AM ISTCentre to sell NINL to Tata Steel Long Products for Rs 12,100 crore
Tata group firm beat the likes of Jindal Stel and JSW Steel to snap loss-making Odisha-based Neelachal Ispat Nigam Ltd (NINL) for Rs 12,100 crore.
Jan 31, 2022, 16:32 PM IST