Question
__________ recently acquired Odisha-based Neelachal
Ispat Nigam Ltd (NINL) for Rs 12,100 crore.Solution
Tata Steel Long Products Ltd (TSLP) recently acquired Odisha-based Neelachal Ispat Nigam Ltd (NINL) for Rs 12,100 crore. Neelachal Ispat Nigam Ltd (NINL) is a steel plant located in Kalinganagar in Odisha and was shut in March 2020 due to continued losses. It has a capacity of 1.1 million tonnes a year. It is for the 1st time a public sector steel manufacturing enterprise in India got privatised.
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