CapEx News

Centre plans Rs. 8,097 crore equity infusion to revive RINL in Visakhapatnam

Metallurgical Industries May 02,2026

The central government plans to infuse ₹8,097 crore into Rashtriya Ispat Nigam Limited (RINL) to support its revival, reduce debt, improve liquidity, and restore production capacity. The funding aim

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Steel Exchange India plans to develop cargo terminal

Metallurgical Industries Aug 08,2025

Steel Exchange India will develop a cargo terminal and multi-modal logistics park at its Vizianagaram facility, boosting efficiency and regional economic growth. The phased project taps into rising lo

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Visakhapatnam Steel Plant invites bids for private management of core units

Mining Jul 09,2025

Rashtriya Ispat Nigam Limited (RINL), operator of Visakhapatnam Steel Plant, has invited bids for private agencies to manage its Raw Material Handling Plant and Sinter Plant. As part of a revival stra

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PM Modi supports RINL revival plans

Infrastructure Jan 03,2025

The finance ministry and PM Modi are supporting Rashtriya Ispat Nigam Limited's (RINL) revival through debt restructuring and modernization. Union steel minister HD Kumaraswamy emphasized RINL&ap

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