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Tata Steel’s NINL plant reaches full capacity in 1 yr
image for illustrative purpose
![Tata Steel’s NINL plant reaches full capacity in 1 yr Tata Steel’s NINL plant reaches full capacity in 1 yr](https://www.bizzbuzz.news/h-upload/2023/07/05/1742117-tata-steela.webp)
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.