Management is confident of clocking a turnover of Rs. 19,000 crore in 2018-19 Weathering all the hurdles it had faced in the past due to slump in the industry, flooding of cheap steel from China and other countries
RINL Registered A 31% Jump In Turnover At Over Rs 16,500 Crore (Provisional) In 2017-18 Over 2016-17
Rashtriya Ispat Nigam Ltd, (RINL), the corporate entity of Visakhapatnam Steel Plant, registered a 31% jump in turnover at over Rs 16,500 crore (provisional) in 2017-18 over 2016-17, led by higher volumes of production and sales.
Union steel minister Chaudhary Birender Singh on Thursday said that the Sagarmala Project would lead to logistics cost saving of Rs 40,000 crore per annum by 2025. Singh Flagged off Rashtriya Ispat Nigam Ltd’s (RINL) maiden coastal shipment from Visakhapatnam Port.
Union Minister of Power, New and Renewable Energy, Coal and Mines Piyush Goyal on Wednesday visited Rashtriya Ispat Nigam Limited-Visakhapatnam Steel Plant. On his maiden visit to RINL, the Union Minister planted saplings on the occasion at the dedication park.
Union Minister of Power, New & Renewable Energy, Piyush Goyal has advised RINL to make a foray into solar and renewable energy to reduce dependence on fossil fuels to generate thermal power.
State-owned CIL will offer coking coal through auction route to other consumers only after it meets long-term supply commitments of the dry fuel to PSUs, including SAIL.