{"id":131269,"date":"2022-02-02T07:22:26","date_gmt":"2022-02-02T07:22:26","guid":{"rendered":"https:\/\/www.edristi.in\/?p=131269"},"modified":"2022-02-02T07:22:30","modified_gmt":"2022-02-02T07:22:30","slug":"tata-group-acquires-neelachal-ispat-nigam-ltd-for-rs-12100-crore","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/tata-group-acquires-neelachal-ispat-nigam-ltd-for-rs-12100-crore\/","title":{"rendered":"Tata group acquires Neelachal Ispat Nigam Ltd for Rs 12,100 crore"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question: The government has approved the sale of Odisha-based Neelachal Ispat Nigam Limited (NINL) to which company for \u20b912,100 crores?<br><\/strong>(a) Tata Steel<br>(b) Jindal Steel and Power<br>(c) Steel Authority of India<br>(d) Rashtriya Ispat Nigam ltd<br><strong>Answer: (a)<br>Related Facts:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Tata Group company, Tata Steel Long Products Ltd\u2019s (TSLP) has acquired Odisha-based Neelachal Ispat Nigam Ltd (NINL) for Rs 12,100 crore.<\/li><li>Neelachal Ispat Nigam Ltd (NINL) is a steel plant located in Kalinganagar in Odisha and was shut in March 2020 due to continued losses.<\/li><li>It has a capacity of 1.1 million tonnes a year.<\/li><li>This is the 1st instance of privatisation of a public sector steel manufacturing enterprise in India.<\/li><li>Neelachal Ispat Nigam Ltd. (NINL) is a joint venture of 4 CPSEs, namely MMTC, NMDC, BHEL, MECON and 2 Odisha Government PSUs, namely OMC and IPICOL.<\/li><li>NINL has an integrated steel plant with a capacity of 1.1 MT, at Kalinganagar, Odisha.<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong>BY: AMIT GUPTA<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reference:<a href=\"https:\/\/www.google.com\/amp\/s\/zeenews.india.com\/companies\/tata-group-firm-to-buy-govt-stake-in-neelanchal-ispat-wins-bid-for-rs-12100-crore-2432491.html\/amp\" target=\"_blank\" rel=\"noreferrer noopener\"> https:\/\/www.google.com\/amp\/s\/zeenews.india.com\/companies\/tata-group-firm-to-buy-govt-stake-in-neelanchal-ispat-wins-bid-for-rs-12100-crore-2432491.html\/amp<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: The government has approved the sale of Odisha-based Neelachal Ispat Nigam Limited (NINL) to which company for \u20b912,100 crores?(a) Tata Steel(b) Jindal Steel and Power(c) Steel Authority of India(d) Rashtriya Ispat Nigam ltdAnswer: (a)Related Facts: Tata Group company, Tata Steel Long Products Ltd\u2019s (TSLP) has acquired Odisha-based Neelachal Ispat Nigam Ltd (NINL) for Rs [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":131270,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-131269","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/131269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=131269"}],"version-history":[{"count":1,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/131269\/revisions"}],"predecessor-version":[{"id":131271,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/131269\/revisions\/131271"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/131270"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=131269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=131269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=131269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}