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State writes to Centre for equity support to NINL

State writes to Centre for equity support to NINL

 Published : New Indian Express

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13-Jul-2017  

The state Government asked the Centre to instruct the Metals and Minerals Trading Corporation of India (MMTC) to provide equity support to the loss-making Neelachal Ispat Nigam Limited (NINL) at the earliest for survival of the company.Chief Minister Shri Naveen Patnaik expressed concern over the future of NINL, an integrated steel plant jointly promoted by MMTC and two State public sector undertakings (PSUs) - Odisha Mining Corporation (OMC) and Industrial Promotion and Investment Corporation Of Odisha (IPICOL).

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