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    Question

    __________ recently acquired Odisha-based Neelachal

    Ispat Nigam Ltd (NINL) for Rs 12,100 crore.
    A Jindal Steel and Power Correct Answer Incorrect Answer
    B Steel Authority of India Correct Answer Incorrect Answer
    C Tata Steel Long Products Ltd. Correct Answer Incorrect Answer
    D JSW Steel Ltd Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    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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