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RINL Steel News

Government approves Rs 10,300 cr equity infusion for RINL
india rinl steel
Wed, 12 Feb 2025 00:00:00 GMT
The government has approved a 10,300 crore equity infusion in Rashtriya Ispat Nigam Limited (RINL), conditional on increasing its capacity utilization from 63% to 92.5% by Q3 of the next fiscal year, according to Steel Minister Bhupathiraju Srinivasa Varma. This is part of a 11,440 crore revival plan approved by the Cabinet Committee on Economic


CCEA approves Rs 11,440 crore RINL revival plan
india production sail steel
Sat, 18 Jan 2025 00:00:00 GMT
The CCEA approved an Rs 11,440 crore revival plan for RINL, including Rs 10,300 crore in fresh equity. RINL aims to achieve peak steel production capacity and liquidate outstanding dues of Rs 35,000 crore. Additionally, the Steel Ministry proposes merging KIOCL with NMDC and considers integrating RINL into SAIL in the


Number of news reports: 2
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