New Delhi: NINL, a 1.1-million tonne steel manufacturing
unit in Odisha, has reached 100 per cent capacity utilisation within one year
of its acquisition by Tata Steel. On July 4 2022, the steel major completed the
acquisition of Neelachal Ispat Nigam Ltd (NINL) through subsidiary company Tata
Steel Long Products Ltd (TSLPL) for a consideration of Rs 12,000 crore. After
being shut for almost three years, operations at the NINL unit was started by
Tata Steel in October 2023.
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