Jan 31, 2022ACQUISITIONOdisha, India Tata Steel Long Products acquires NINL for Rs 12,100 crore
Tata Steel Long Products won the bid to acquire Neelachal Ispat Nigam Ltd (NINL) for approximately Rs 12,100 crore, including NINL's 1.1 million tonne steel plant in Odisha and iron ore assets.
Capacity
1.1 million tonnes per year
Productssteel
“The government approves strategic buyer for NINL located in Odisha.”economictimes.indiatimes.com
- 2 sources
- economictimes.indiatimes.comTata Steel Long Products acquires NINL for Rs 12,100 cr - The Economic TimesBhavya DilipkumarJan 31, 2022
- indianexpress.comGovt approves Tata Steel’s bid to acquire 93.71% equity in Neelachal Ispat | Business News - The Indian ExpressENS Economic BureauJan 31, 2022
Summarized from public sources; check the original articles before acting on it.
ENDATA