Govt gets multiple EoIs for privatisation of Neelachal Ispat Nigam

Govt gets multiple EoIs for NINL  privatisationThe government has received multiple expressions of interest from bidders for privatisation of Neelachal Ispat Nigam (NINL), DIPAM Secretary Tuhin Kanta Pandey said on Monday. The last date for bid submission was March 29.

The transaction has now moved ahead to the second stage, Pandey tweeted. NINL is a joint venture of MMTC, NMDC, BHEL, MECON, and two Odisha government-owned undertakings — OMC and IPICOL.