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RINL RAJASTHAN
It’s the Economy, StupidSo far, foreign portfolio investors have taken out nearly Rs 19,000 cr from India.- Steel Min approaches Coal Min for allocation of blocks to RINLThe company does not have source for coking coal and iron ore, and the Steel Ministry in its outlay for 2016-17 has allocated funds to acqu...
- Rajasthan identifies over 30 mining blocks for auctionThe state has asked the Centre for assistance regarding environmental clearances for mining proposals, an official statement said today.
- Steel secretary Mohan G Kumar highlights need to increase production capacity"It is necessary to add steel production capacities in the country as the economy is projected to grow at 7-8% over the next decade."
- Outgoing RINL Chairman AP Choudhary rues not having captive minesRINL could have generated enough cash to take up next phase of expansion provided it had captive source for raw materials, outgoing Chairma...
- RINL to invest Rs 60,000 cr to have 20 MT capacity by 2027The company is in the process of stabilising new units under the current phase of expansion that got delayed by over a year.
- RINL to develop its first captive iron ore minePublic sector RINL (also known as Vizag Steel) will develop its first captive iron ore mine in Rajasthan soon, an official of the company s...
- Rashtriya Ispat decides to prune stake in Afghanistan projectState-owned Rashtriya Ispat Nigam (RINL) has decided to prune stake in the USD 11 billion steel project in Afghanistan.
- RINL signs MoU with MECL for exploration of iron ore, coalRashtriya Ispat Nigam Ltd. (RINL), which runs the Vizag steel plant, has entered into a MoU with Mineral Exploration Corporation Ltd. (MECL...
- RINL Q1 steel output up 14%, inks MoU for mineral explorationRashtriya Ispat Nigam Ltd (RINL) today said it recorded 14 per cent growth in finished steel production in the quarter ended June 30 over t...
- Rajasthan allocates iron ore block to RINLThe Rajasthan government has allocated a large iron ore block at Bhilwara to RINL in a move that has been approved by the union mines minis...
- RINL plans to set up 3 mtpa steel plant in JharkhandRINL plans to set up a three million tonnes per annum (mtpa) steel plant in Jharkhand involving an estimated Rs 16,500 crore investment.
- Rajasthan goverment to soon issue LoI for RINL steel plantThe Rajasthan govt will soon issue a Letter of Intent for steel plant in Bhilwara district to be set up by Rastriya Ispat Nigam Ltd.
- RINL may spend Rs 2,000 cr for capex in FY'14Proposed IPO, which was deferred last year, may take place in the second quarter of next fiscal if the process is initiated.
- RINL pins hope on value-addition to get ore mine in OdishaState-run steel maker RINL today said it will set up units for value-addition of iron ore if the Odisha Government allots mines to it.
- Steel Ministry pulls up SAIL, RINL for unsatisfactory performancesBeni Prasad Verma today pulled up SAIL and RINL over their "unsatisfactory" performances and said the two public sector firms could have fa...
- Rajasthan to grant mining rights to RINL and SAILThe two PSUs are likely to invest Rs 4000 crore in Bhilwara for creating 5 million tonnes mechanized iron ore mining capacity at Bhilwara.
- Rashtriya Ispat Nigam to get mining rights at BhilwaraRashtriya Ispat will get 350 MT iron ore, but there is no information on progress of Arcelor-Mittal’s application.
- RINL unveils Rs 44,500 crore expansion plan to add 8.4 mtpa additonal capacity'The discussions are going on at the Central government for the acquisition of Neelanchal Ispat Nigam which is presently owned by MMTC.'
- SAIL to build 8 processing units; invest Rs 1,600 crState-run steel giant SAIL would invest about Rs 1,600 crore to build processing units in seven states to meet the growing demand of the me...
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