CS Verma, the acting Chairman of NMDC, said the expression of interest (EoI) floated by the firm for offering 50 percent stake in its proposed 3 million tone per annum (mn tpa) steel plant received response from only two companies. Steel Authority of India (SAIL) and Rastriya Inspat Nigam are the only two bidders for NMDC's 50 per cent stake in the upcoming steel plant in Chhattisgarh.
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Tag: Rastriya Ispat Nigam
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NMDC gets response from SAIL, RINL for stake sale
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RINL to set up Rs 25 bn worth steel plant in Rajasthan
Rastriya Ispat Nigam (RINL) plans to set up a 2 million tonne (mn t) steel plant in Banera, Rajasthan with an investment of Rs 2,500 crore. Recently, the state government gave approval for the project and it would issue a Letter of Intent (LoI) soon. In February 2012, the state government is learnt to have sent a letter to the centre for setting up of the plant