RINL eyes capacity expansion of 16 million tonnes by 2025

Last Updated: Wednesday, July 1, 2015, 10:57

Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Vizag Steel, is chalking out plans to expand capacity to 16 million tonnes per annum (mtpa) by 2025 with an investment of Rs 35,000 crore, a a top official said.

RINL Apr-Dec turnover up 3% to Rs 9,123 crore

Last Updated: Saturday, January 4, 2014, 18:39

During December, the company's turnover rose to Rs 1,315 crore, clocking a growth of 18 percent.

RINL suffers steep production loss due to heavy rains

Last Updated: Sunday, October 27, 2013, 19:28

The steel maker normally produces 12,000 to 13,000 tonnes of steel every day.

RINL IPO may not happen this fiscal because of weak markets

Last Updated: Sunday, August 18, 2013, 17:00

Rashtriya Ispat Nigam Ltd, the corporate entity of Vizag Steel, may not go for the proposed IPO this fiscal because of the worsened market conditions, sources said.

TRS opposes allotment of iron ore mines to Vizag Steel Plant

Last Updated: Saturday, April 20, 2013, 22:11

The TRS voiced opposition to the allotment of iron ore mines at Bayyaram in Khammam district to Visakhapatnam Steel Plant.

RINL may spend Rs 2,000 cr for capex in FY'14

Last Updated: Sunday, February 3, 2013, 18:35

The official also said the proposed Initial Public Offer (IPO), which was deferred last year, may take place in the second quarter of next fiscal if the process is initiated.

RINL mulls cement plant to dispose byproducts

Last Updated: Monday, December 10, 2012, 17:53

RINL may also enter into a long-term contract to supply these byproducts to prevent their accumulation that can lead to environmental issues.

RINL plans to raise capacity to 20 mtpa by 2022-23

Last Updated: Sunday, November 4, 2012, 13:13

State-run Rashtriya Ispat Nigam (RINL) plans to increase capacity at its Vizag plant to 20 million tonnes per annum (mtpa) by 2022-23, making it the largest plant at a single location.