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Tag results for... "ninl"

NMDC assists NINL to start iron ore mining in Odisha

New Delhi/Hyderabad: NMDC Limited, the largest iron ore producer of India, has stepped in to provide technical and financial assistance to Neelachal Ispat Nigam Limited (NINL) for the resumption of.......

Govt shortlists ArcelorMittal, JSW Steel & MEIL for NINL disinvestment

The data room has been opened up for the three shortlisted bidders, who will now participate in the RfP stage The draft share purchase agreement has been issued and site visits have been.......

Employees urge govt to restart NINL’s idle Oxygen Plant for COVID-19 patients

NINL has an oxygen plant with a capacity to produce 418 tonnes of Oxygen per day The oxygen plant at NINL was commissioned in April 2013 New Delhi: The executives association at.......

NINL disinvestment progresses without any delay; govt receives multiple EoIs

The government had floated a PIM on January 25, and had sought EoIs for the disinvestment of 100 percent shareholding of various state-run organisations in NINL The shortlisted bidders.......

Cash-starved NINL employees seek intervention from Board for quick revival of plant ops

The Ministry of Mines recently accepted NINL’s request to allow it to sell 50 percent of iron ore or an additional 1.5 million tonne (MT) Any delay in restarting the production.......

Disinvestment: DIPAM floats PIM, invites EoI for NINL privatisation

Bidders can send in queries by February 25 and the last date for submission of EoIs is March 29 The shortlisted bidders would be required to quote for NINL on an enterprise value basis.......

Disinvestment: In 2021, NINL may resume operations fully, restart blast furnace

The furnace has been shut down since March 2020 as the company has been facing severe financial crunch since the Cabinet approved its disinvestment in January 2020 With the raw material.......

Disinvestment: Govt permits NINL to operationalise its captive mines, sell iron ore in open market

The Centre has granted permission to NINL to sell up to 25 percent of the annual iron ore production for a period of one year or until disinvestment of the company NINL employees have.......

Not paid salaries for 9 months, employee unions challenge NINL disinvestment in Orissa HC

Petitioners have mainly accused MMTC (primary promoter of NINL) as sole responsible for imbroglio, a top representative of the executives’ association said NINL employees have.......

NMDC offers employment to NINL staff on deputation basis at its Nagarnar plant

NINL has been under a severe financial crisis and has not paid its employees since February this year The minutes of the Aug 13 meeting show that the Steel Minister has asked all major.......

NINL will be disinvested as soon as possible: DIPAM Secretary

The statement comes a day after a high-level meeting took place between Dharmendra Pradhan, Piyush Goyal, the DIPAM Secretary and other stakeholders There is no official word on what.......

EXCLUSIVE: Centre asks DIPAM to close NINL disinvestment in 3-4 months, say sources

The Centre has asked MMTC to sell off finished products worth around Rs 230 crore, which are with NINL, and release funds to NINL, said a source The news comes as a high-level meeting.......

Steel PSUs executives’ body urges Pradhan to merge NINL with SAIL or RINL

SEFI has argued that strategic partnership with steel PSUs would be a step towards fulfilling the Centre’s objective of a single-state owned steel producer NINL has 2,500 acre.......

Protest during Corona: NINL employee sending postal letters to Lutyens in protest

A trade union leader at NINL has discovered a novel way of protesting — that of ambushing the leaders and decision-makers of India with hardcopies of letters until they are moved into.......

Govt to float EoI for NINL disinvestment soon: DIPAM Secretary

A source, who spoke to PSU Watch on the condition of anonymity, said that the government is very much firm on its decision to privatise NINL The CCEA had given ‘in.......