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Tata Group firm to buy govt stake in Neelanchal Ispat, wins bid for Rs 12,100 crore

Neelachal Ispat Nigam Ltd. (NINL) is a joint venture of 4 CPSEs, namely MMTC, NMDC, BHEL, MECON and 2 Odisha Govt. PSUs, namely OMC and IPICOL.

New delhiTata maharajaTata steel long products ltdCore group of secretaries on disinvestmentNeelachal ispat nigam ltdCabinet committee on economic affairsTata steel long productsTata groupDepartment of disinvestment public asset managementAir indiaTata steel long products limitedInter ministerial groupOdisha based neelachal ispat nigam ltdCabinet committeeEconomic affairsJoint venture

Strategic Buyer Approved for Privatisation of Neelachal Ispat Nigam Ltd

Ministry of Finance Strategic Buyer Approved for Privatisation of Neelachal Ispat Nigam Ltd Posted On: 31 JAN 2022 2:31PM by PIB Delhi .

Nirmala sitharamanShri piyush goelShri nitin gadkariPower ltdCore group of secretaries on disinvestmentNeelachal ispat nigam ltdCabinet committee on economic affairsUnion commerce industryTata steel long productsJindal steel powerDepartment of disinvestment public asset managementTata steel long products limitedInter ministerial groupCorporate affairsBuyer approvedNeelachal ispat nigam

Tata Group firm to buy govt stake in Neelanchal Ispat for Rs 12,100 crore

A Tata Group firm Tata Steel Long Products Ltd (TSLP) has won the bid to buy the government s stake in Neelachal Ispat Nigam Ltd (NINL) for Rs 12,100 crore, Union Finance Ministry said on Monday.

Nitin gadkariPiyush goyalTata steel long products ltdUnion finance ministryNeelachal ispat nigam ltdTata steel long productsUnion ministers nirmala sitharamanA tata groupTata groupFinance ministryTata steel long products limitedJoint ventureGovt stateBid enterprise valueEws india

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