Tata Steel Ltd.

Tata Steel is planning to restart Neelachal Ispat Nigam (NINL) in coming three month and ramp-up to the rated capacity over the next 12 months. NINL has been closed for almost two years. The company had completed the acquisition of NINL through step down subsidiary company -- Tata Steel Long Products (TSLP) for a consideration of Rs 12,000 crore.

During this time, Tata Steel will also work towards finalizing the plans for the NINL capacity expansion to 5 million tonnes and take the requisite clearances internally and externally.

Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.