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Private Sector | Orissa - India | PID: 185656
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Neelachal Ispat Nigam (NINL), a company promoted by MMTC, has planned to manufacture branded TMT and wire rods at its Kalinga Nagar, Odisha plant from FY20
The company is all set to establish 0.8 million tonne capacity bar and wire rod mill and has already initiated talks with international companies
The unit will manufacture rebars, rounds and wire rods of two variants of six mm to 22 mm and 12 mm to 18 mm
The company achieved the first milestone with blast furnace capital repair in April 2018. The third milestone of operation of the captive mines is expected by early FY20
| Updated on: 15 - Feb - 2019
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