Centre plans Rs. 8,097 crore equity infusion to revive RINL in Visakhapatnam
Metallurgical Industries
May 02,2026
The central government is planning an equity infusion of Rs. 8,097 crore into Rashtriya Ispat Nigam Limited to support its revival and stabilise operations.
The funding is aimed at reducing debt, improving liquidity, and restoring production capacity at the Visakhapatnam-based steel plant.
RINL has been under financial stress due to rising input costs and operational challenges.
The move reflects the government’s continued focus on strengthening key public sector enterprises in strategic industries.
Company :
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Rashtriya Ispat Nigam Limited