Tata Steel plans a nearly 50% capacity expansion in India to defend market share and secure raw materials, with most capex expected from in...

On July 4, 2022, Tata Steel completed the acquisition of Odisha-based Neelachal Ispat Nigam Ltd (NINL) -- the first state-owned steel compa...

NINL's 1-million-tonne plant at Kalinganagar in Odisha is currently less efficient as compared to other steel-producing locations within th...

NINL, a 1.1-million-tonne steel manufacturing unit in Odisha, has reached 100 per cent capacity utilisation within one year of its acquisit...

Tata Steel's next move will be to take ownership of NINL and work hard along with employees and other stakeholders to realise the full pote...

Tata Steel will leverage its capability in the long products business using its strong brand equity, particularly in the retail constructio...

Tata Steel Long Products (TSLP) had in January emerged as the winning bidder, putting in bids worth Rs 12,100 crore for loss-making NINL, w...

"Post-acquisition, we will endeavour to ramp up the operations of NINL to its rated capacity of 1.1 million ton per annum within the next 1...

Tata Steel arm - Tata Steel Long Products (TSLP)- had in January this year won the bid to acquire a 93.71 per cent stake in NINL at an ente...

The acquisition of NINL is critical for Tata Steel to build a dedicated long products complex.

In January, the government approved the sale of loss-making NINL to Tata Steel Long Products Ltd (TSLPL) for Rs 12,100 crore.

On February 2, the Department of Investment and Public Asset Management (DIPAM) issued the LoA to Tata Steel Long Products (TSLP) for the a...

Moody's Investors Service on Monday said the acquisition of Neelachal Ispat Nigam Ltd (NINL) by Tata Steel arm is credit positive because i...

NINL’s plant has been shut since March 2020. It had a negative net worth of Rs 3,487 crore and accumulated losses of Rs 4,228 crore as on M...

"We are very serious about this asset. For us, the chances are also better, I think ... Though the highest bidder will get the chance, I th...

NINL is a joint venture company, in which four central PSUs -- MMTC, National Mineral Development Corporation (NMDC), Bharat Heavy Electric...

State-owned PGCIL will use the mild steel channels and angles produced by NINL steel billets for construction of electrical transmission to...