About Us Tenders
  • Home ›   Tenders

Neelanchal Ispat Nigam Ltd (NINL) - Disinvestment Notice for Potential Bidders

Posted on: March 04, 2021 | Back | Print

Consulate General of India
Chicago
****
Neelanchal Ispat Nigam Ltd (NINL)

Disinvestment Notice for Potential Bidders

Department of Investment and Public Asset management (DIPAM), Government of India, has issued Preliminary Information Memorandum (PIM) covering Global Invitation for Expression of Interest (EOI) on January 25, 2021 for bidding for purchase of stakes in Neelachal Ispat Nigam Limitied (NINL).

The PIM/EOI is available at the website of NINL (www.ninl.in), MMTC (www.mmtclimited.com), and Transaction Adviser, M/s. SBICAPS (www.sbicap.com). Last date of Submission of EOI is 29 March 2021.  Neelachal Ispat Nigam Limited, an ISO 9001:2008 & ISO 14001:2004 certified, 1.1 Million tones per year (MTPA) Integrated Steel Plant (ISP) located at Kalinga Nagar Industrial Complex, Duburi in the Jajpur District of Odisha. NINL has its own captive power plant to meet the internal power requirement and air separation unit for producing oxygen, nitrogen and argon.

The salient features are also enclosed herewith.