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30 Mar
15:33

Sail seeks advisers for plants' divestment

Steel Authority of India (Sail) is seeking transaction and legal advisers, as well as an asset valuer for the sale of its loss-making Visveswaraya (VISP), Salem (SSP) and Alloy Steel (ASP) plants. These are located in Bhadrawati, Tamil Nadu and Durgapur respectively. The state-owned steelmaker has issued requests for proposals for the appointment of the three positions, with the bid submission deadline set for 3 April. India’s Cabinet Committee on Econo…
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