Tata Steel's NINL plant reaches 100% capacity utilisation within 1 year of acquisition
NINL, a 1.1-million tonne steel manufacturing unit in Odisha, has reached 100 per cent capacity utilisation within one year of its acquisition by Tata Steel.
On July 4 2022, the steel major completed the acquisition of Neelachal Ispat Nigam Ltd (NINL) through subsidiary company Tata Steel Long Products Ltd (TSLPL) for a consideration of Rs 12,000 crore. Image Courtesy: Reuters.