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JSPL tie-up with RINL to secure supply of liquid steel to upcoming Angul plant

On Friday, RINL said JSPL will provide working capital support or raw material supply of Rs 800-900 crore under a pact signed between the companies.

Jindal Steel Power: JSPL ties up with RINL to secure supply of liquid steel to upcoming Angul plant

Jindal Steel Power Ltd (JSPL) has entered into a memorandum of understanding (MoU) with Rashtriya Ispat Nigam Ltd (RINL) for the operationalisation of RINL s blast furnace-3 (BF-3). This partnership will supply liquid steel to JSPL s upcoming hot strip mill in Angul, Odisha.

Vizag Steel Plant forges deal with JSPL for ₹900 cr working capital

Vizag Steel Plant forges deal with JSPL for ₹900 cr working capital
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Vizag Steel Plant forges deal with JSPL for Rs 900 crore working capital

The timely deal enables the steel plant to procure raw material and start consistent Blast Furnace-3 (BF-3) operations with the planned blowing-in scheduled on December 30 at a capacity of two lakh tonnes of hot metal per month, an official said here on December 21.

Vizag Steel Plant forges deal with JSPL for Rs 900 cr working capital

Vizag Steel Plant forges deal with JSPL for Rs 900 cr working capital
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