13
Jul
08:54
Government shortlists potential buyers for NINL
The Indian government has shortlisted TATA, Arcelormittal, JSW and Megha Engineering and Iinfrastructure (MEIL) as potential buyers for Neelanchal Ispat Nigam (NINL), a state-run 1.1 million tonnes/year capacity integrated steel plant.
“The bidders are now in the request for proposal (RFP) stage, the RFP has been issued with the bidders doing due diligence," says a source.
The draft share transfer agreement has been issued, site visits been schedu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous