NINL becomes a 100% subsidiary; posts major operational turnaround after takeover Bhubaneswar: Tata Steel has officially completed the full acquisition of Neelachal Ispat Nigam Ltd (NINL), marking a significant milestone in the company’s expansion and revival of sick industrial units in India. This update was shared by Tata Steel’s Executive Director and CFO, Koushik Chatterjee,…
Over 20 lakh metric tonnes of fly ash and LD slag repurposed to build National Highway 55 bypass, reducing environmental impact and enhancing road infrastructure In a major push toward sustainable infrastructure, Tata Steel Meramandali (TSM) has pioneered the use of industrial waste in the construction of the Angul bypass on National Highway 55. By…
Mega Project to Boost Odisha’s Industry and Create Thousands of Jobs Tata Steel is set to inaugurate the second phase of its steel plant at Kalinganagar in Odisha’s Jajpur district on May 22. This major expansion, with an investment of Rs 63,000 crore, is expected to generate thousands of job opportunities and boost industrial growth…
Neelachal Ispat Nigam Makes Strong Comeback, Kalinganagar Boosts Production Tata Steel has posted a strong financial performance for the January–March quarter of 2024-25, and a major reason behind this success is its Odisha operations — the Kalinganagar plant and Neelachal Ispat Nigam Limited (NINL). In its latest quarterly report, Tata Steel announced a massive 307%…
