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RINL WHEEL PLANT
RINL seeks to sell 13.89 acres land in VisakhapatnamRashtriya Ispat Nigam Limited (RINL) has issued a request for proposals (RFP) for the sale of non-core surplus freehold land parcels at its...- RINL plans to trim its debt by selling UP wheel plant to RailwaysThe loan on RINL is estimated to be ₹22,000 crore and annual debt servicing obligation is around ₹3,000 crore. Visakhapatnam-based RINL is ...
- Railways needs 80,000 wheels annually, initiate projects to become atmanirbhar: Ashwini Vaishnaw"Our requirement is 80,000 wheels. We have started a project under which we can make forged wheels up to 2.30 lakh. We will consume 80,000 ...
- RINL hopes asset monetisation may garner Rs 3000-4000 crore"If we are able to fetch Rs 3000-4000 crore from the monetisation of the railway wheel plant and the land parcel at Vizag, it will help us ...
- Railways may step up wheel imports as local supplies slipIndian Railways may need to rely more on imported wheels, particularly from Chinese companies, due to a lack of supply from domestic source...
- RINL aims to make 55,000 wheels in FY24 to meet Railways' demand: CMD Atul BhattState-owned steel manufacturer RINL plans to produce 55,000 wheels in the current financial year to meet demand from Indian Railways. RINL ...
- Government looking to sell Rashtriya Ispat Nigam Ltd's forged wheel plantSenior government officials told ET that the proceeds of the plant's slump sale will be used to fund other projects of RINL. "This will be ...
- RINL plant disruption behind wheels tender to Chinese company: Officials"While commercial operations of the plant commenced in September 2021, due to operational issues, the RINL plant is not being run as of now...
- Steelmaker RINL flags off its first 51 loco wheels shipment to Indian RailwaysThe first dispatch of 51 loco wheels was flagged off to Lucknow workshop of the Indian Railways on Wednesday from FWP in Lalganj, Raebareli...
- RINL to begin commercial production of forged wheels at UP plant this monthVisakhapatnam-based Rashtriya Ispat Nigam Ltd (RINL) has set up a plant in Rae Bareli at a cost of around Rs 1,680 crore, with a production...
- Vizag Steel Plant's RINL produces first forged wheel from its Lalganj plantThe plant will have production capacity of 1,00,000 high speed wheels per annum. The plant will supply wheels to the Indian Railways in a m...
- Visakhapatnam steel plant achieves a steelmaking milestoneThe new Caster is the prime source of raw material for the upcoming forged wheel plant at Rae Bareli in UP, which is scheduled to be commis...
- RINL building Wheel Plant in Rael BreliRINL has signed an agreement with the Railways for an assured initial off take of 55,000 wheels which will be progressively increased to 80...
- Rail axle plant in West Bengal still on RINL tableRINL said proposed Rs 400-crore wheel and axle plant in Jalpaiguri district of West Bengal is still on the radar and is awaiting resolution...
- RINL aims to achieve capacity of 12 million tonnes per annum by 2020-endRINL is aiming to achieve 4.4 million tonnes of saleable steel in the current financial year with a gross sale of over Rs 19,000 crore.
- RINL-Railways sign agreement for Rs 1100 crore rail wheel factory at RaebareliRINL and Indian Railways has signed a agreement to set up what is possibly the country's largest wheel plant.
- Railways sign pact with RINL for wheel factory at Rae BareliThe plant will provide direct employment to 500-600 local people and an indirect employment opportunity to about 2,000 people.
- RINL signs Mou with Railways setting up forged wheel factory at Rae Bareli, UPThe factory will supply forged wheels to the Indian Railways and will have a capacity of producing 100,000 wheels every year.
- Railways to set up wheel factory at RaebareliThe proposed Rs 500 crore wheel factory is expected to be announced in the 2013-14 Rail Budget by Railway Minister Pawan Kumar Bansal.
- RINL, Railways to sign final agreement on axle plant soonRINL and Railways will soon sign the final agreement, involving key issues like land lease and pricing, for setting up the Rs 350-crore axl...
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