Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant is a Navaratna PSE under the Ministry of Steel. Visakhapatnam Steel Plant fondly called Vizag Steel. It is the first shore based Integrated Steel Plant in the country and is known for its quality products delighting the customers.

Rashtriya Ispat Nigam Ltd (abbreviated as RINL), also known as Vizag Steel, is a central public sector undertaking under the ownership of Ministry of Steel, Government of India based in Visakhapatnam, India.

2025年1月17日 · RINL is a Schedule–A CPSE under the administrative control of Ministry of Steel with 100% ownership of Government of India. RINL operates the Visakhapatnam Steel Plant (VSP), the only offshore steel plant under Government sector in the state of Andhra Pradesh.

2025年1月17日 · India plans to revive its State-owned steel manudfacturing firm Rashtriya Ispat Nigam Limited (RINL) by investing more than ₹ 10,000 crore into the revival plan on Friday, January 17.

2025年2月22日 · Over the decades, RINL has witnessed a dramatic journey—from being the king of steel with over 6 million tonnes of crude steel production annually to being a debt-ridden machine, inhibited by raw material shortages, and operational inefficiencies.

Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant (VSP), is a Navratna Company under the Ministry of Steel, Govt. of India. Visakhapatnam Steel Plant is the first shore-based Integrated Steel Plant in India.

2025年1月10日 · The Indian government is set to finalise a revival plan for the debt-laden Rashtriya Ispat Nigam Ltd (RINL) Steel Plant within a month, Steel Secretary Sandeep Poundrik told CNBC-TV18. With liabilities of ₹35,000 crore, RINL will …

In a major step toward revitalising the Rashtriya Ispat Nigam Limited (RINL), Union Minister of Steel HD Kumaraswamy held discussions with the Prime Minister's Office (PMO) to outline a ...

2024年4月2日 · In a significant milestone, RINL has surpassed a total Liquid Steel Production of 110 million tons during 2023-24 FY since its inception, reaffirming its position as a leader in the industry. In addition to the above, production from Wire Rod Mill-2 (WRM-2) “has exceeded its Yearly Rated Capacity for the First time, since inception ...

2025年1月17日 · New Delhi: The Union Cabinet has approved a comprehensive revival package worth Rs 11,440 crore for Rashtriya Ispat Nigam Limited (RINL), commonly known as the Visakhapatnam Steel Plant. The decision was taken by the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, to address the challenges faced by …

2025年1月17日 · The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the revival plan for RINL for a total of Rs 11,440 crores. The infusion includes ₹10,300 crore as equity capital into Rashtriya Ispat Nigam Limited (RINL) and Conversion of ₹1140 crore working capital loan as 7% Non-cumulative Preference ...

2025年1月17日 · The Union Cabinet has approved a Rs 11,440 crore revival plan for debt-laden Rashtriya Ispat Nigam Ltd (RINL), according to a statement released on Friday.

2025年1月18日 · NEW DELHI: The debt-laden Visakhapatnam-based public sector company -- Rashtriya Ispat Nigam Limited (RINL) -- has got a new lease of life after the Central government on Friday approved a...

2024年11月3日 · India’s Steel Ministry is eyeing a restructuring of the debt-laden, loss-making Rashtriya Ispat Nigam Ltd (RINL) – popularly called Vizag Steel.

2024年11月3日 · The government has infused around Rs 1,650 crore in state-owned RINL, gripped with operational and financial issues, according to an official document. The government is also taking various measures to keep RINL as a going concern, the Ministry of Steel said in a …

2025年2月20日 · Banks led by lead lender State Bank of India (SBI) are in the final stages of working out a restructuring package for Vizag's Rashtriya Ispat Nigam (RINL), which includes a reduction in interest rates, reducing some contractual staff, and raising production capacity at the government-owned steelmaker that was defunct until recently.

2025年1月18日 · For RINL, the infusion consists of Rs 10,300 crore in equity capital and the conversion of a Rs 1140 crore working capital loan into 7% non-cumulative preference share capital that can be redeemed after ten years to maintain RINL's viability.

2023年11月14日 · In 2021-22, RINL produced 5.5 million tonnes (mt) out of a capacity of 7.3 mt. And the focus right now is to run the plant at full capacity, Bhatt said. Full capacity utilisation and a turnaround could help in the valuation of the country’s first shore-based plant in …

Rashtriya Ispat Nigam Limited (RINL), a Navratna PSE, is the corporate entity of Visakhapatnam Steel Plant – the country’s first shore-based integrated steel plant with current production capacity of 7.3 Mtpa Liquid steel at Visakhapatnam, Andhra Pradesh. Main Areas of Activity: