“Financial bids for NMDC Steel, which may fetch the government around Rs 11,000 crore for its 50.79% stake, will likely be invited after the company’s brand-new steel plant in Chhattisgarh becomes fully operational in June.
“Opening of the plant has begun with coke making, an official told FE, adding that the blast furnace too will likely be functional by June.”
| Subscribe To Our Free Newsletter |
