The Department of Investment & Public Asset Management (DIPAM) has invited global expressions of interest (EOI) for strategic disinvestment of Neelachal Ispat Nigam Ltd (NINL). State-owned MMTC, NMDC, MECON, BHEL, PSU miner OMC and IPICOL hold shares of the disinvestment-bound company. NINL has a 1.1 mn t blast furnace and 0.897 mn t steel melting shop alongside sinter, coke oven and power plants. Besides, it has a captive iron ore mine with EC limit of 2.5 mn t in Odisha’s Koira belt.
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