WebMar 27, 2024 · एमएमटीसी ने वित्त मंत्रालय, भारत सरकार के तत्वावधान में दीपम द्वारा की गई दो चरणों की नीलामी प्रक्रिया के माध्यम से जेवी कंपनी, नीलाचल इस्पात निगम ... Web28441085 Corrigendum : engagement of transaction adviser for strategic disinvestment of rashtriya ispat nigam limited engagement of transaction advisers for 100 percent strategic disinvestment of rashtriya ispat nigam limited and its stake in its subsidiaries and joint ventures , fixed lump sum fee in indian rupees excluding gst .
Neelachal Ispat: losses scale high, minority holders to stay
WebMar 10, 2024 · New Delhi: MMTC Ltd on Thursday said it has executed a share purchase agreement to sell its entire stake in Neelachal Ispat Nigam Ltd (NINL) to Tata Steel Long Products Ltd as part of the disinvestment drive of the government. In January, the government approved the sale of loss-making NINL to Tata Steel Long Products Ltd for … WebSpeaking at an analyst call, Narendran said between the recently acquired Neelachal Ispat Nigam plant and the company’s existing Kalinganagar site, it has 6,000 acres of available land. The two have a current capacity of 4 million tonnes per annum (mtpa), which can be taken up to 25 mtpa. coffee shop in st paul
Neelachal Ispat Nigam LTD News - The Economic Times
WebApr 13, 2024 · Earlier this year, the government has already transferred its 100 per cent shares in Air India to Tata group’s wholly-owned subsidiary Talace Pvt Ltd, along with the management control. Tata Steel Long Products Ltd also won the bid to acquire Neelachal Ispat Nigam Ltd (NINL) as a strategic buyer with the highest bid of Rs 12,100 crore. WebJan 31, 2024 · Govt approves Tata Steel’s bid to acquire 93.71% equity in Neelachal Ispat The Central government does not hold any stake in NINL directly, which has accumulated losses and a negative net worth. NINL is a joint venture of 4 CPSEs, — MMTC, NMDC, BHEL, MECON — and 2 Odisha government-owned companies OMC and IPICOL. WebNeelachal Ispat Nigam Limited (NINL), a company promoted by MMTC Ltd, Industrial Promotion and Investment Corporation of Orissa limited . (IPICOL) and other government agencies has set up an 1.1 million ton Integrated Iron and steel plant at Kalinganagar, Duburi, Dist-Jajpur, Orissa. NINL has its own captive power plant to meet the internal ... camer be net