State-run Rashtriya Ispat Nigam Limited (RINL) is looking to partner with companies having interest in steel and steel making raw materials. RINL has invited business proposals for supply of steel from the company. The potential partners may participate by way of:
- Supplying one or more key raw materials like coking coal/BF coke, iron ore and in turn take steel products as per mutually agreed terms and conditions.
- Funding working capital and in turn take steel products as per mutually agreed terms and conditions.
It may be noted here that RINL is the corporate entity of Vishakhapatnam Steel Plant (VSP), which is a public sector enterprise (PSE) under Ministry of Steel with 100% ownership of Government of India. The company is operating an integrated steel plant (BF-BoF route) having a capacity of 7.3 million tonne per annum (mtpa) at Vishkhapatnam.
EOI Submission
The expression of interest (EOI) respondents should be in the business of steel or steel making raw materials. The last date of submission is by 15:00 hours on 15 April, 2023. The company may at its sole discretion extend the last date and time of submission of EOI by issuing a corrigendum. Such extension, if any, shall be notified on RINL website and shall be applicable to all interested parties.
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