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Vizag Steel Plant forges deal with JSPL for Rs 900 crore working capital

The timely deal enables the steel plant to procure raw material and start consistent Blast Furnace-3 (BF-3) operations with the planned blowing-in scheduled on December 30 at a capacity of two lakh tonnes of hot metal per month, an official said here on December 21. ....

Andhra Pradesh , Power Ltd , Rashtriya Ispat Nigam Ltd , Vizag Steel Plant , Jindal Steel , Steel Melting , Atul Bhatt , New Delhi Headquartered , Vizag Steel Plant ,

EoI for RINL strategic sale to be invited after discussing broad contours with stakeholders: Govt

"EoI for strategic disinvestment requires broad contours of the transaction, including core and non-core land and assets, which would form part of transaction. These issues are to be settled after discussion with various stakeholders before the EoI for this transaction can be issued. The EoI (for RINL) has not been issued," Minister of State for Finance Bhagwat Karad said. ....

Bhagwat Karad , Ai Asset Holding Ltd , Cabinet Committee On Economic Affairs , Container Corporation Of India Limited , Air India , Rashtriya Ispat Nigam Ltd , Finance Bhagwat Karad , Cabinet Committee , Economic Affairs , Container Corporation , India Limited , Holding Ltd , Rinl Eoi , Steel Industry ,

Amid financial crunch, Vizag steel plant to lease out 1,400 acres of land to NMDC to gather funds

The NMDC has put forth the proposal to take 1,400 acres of land, located between the steel plant and Gangavaram port, on lease to set up its pellets plant and stock yard | Latest News India ....

Andhra Pradesh , Nagendra Nath Sinha , Tuhin Kanta Pandey , Wikimedia Commons , Jyesta Ayodhya Ramu , Cabinet Committee On Economic Affairs , Visakhapatnam Steel Plant Worker Union , National Mineral Development Corporation , Department Of Investment , Rashtriya Ispat Nigam Limited , Visakhapatnam Steel Plant , Steel Plant Worker Union , Cabinet Committee , Economic Affairs , Public Asset Management , Senior Assistant Editor , Vizag Steel Plant , Land Lease ,

Vizag Steel Plant logs highest ever monthly sales of value-added steel in August

"The sales volume of 1,57,000 tonne of value-added steel achieved in August 2023 by RINL is the best ever monthly sales of value-added steel sales for any month since inception," said the official in a press release. ....

Andhra Pradesh , Rashtriya Ispat Nigam Ltd , Vizag Steel Plant , Wire Rod Coils ,

Mukesh Ambani's Reliance issues guarantee for RJIL, RINL. Ensures compliance and no adverse impact

Reliance issues guarantee for LTE equipment to Samsung India and for crude oil to Saudi Aramco. No adverse impact on company. ....

Saudi Arabia , India General , Saudi Arabian , Bharti Airtel , Parent Company Guarantee , Saudi Arabian Oil Company Aramco , Reliance Industries , Saudi Aramco , Samsung India Electronics Private Limited , Saudi Arabian Oil Company , Hindustan Unilever , State Bank , Reliance Jio Infocomm Limited , Mukesh Ambani ,