NMDC Steel privatisation deferred till after LS polls
Financial Express Mumbai|October 25, 2023
FINANCIAL BIDS FOR a majority stake in Chhattisgarh-based NMDC Steel (NSL), an arm of Union government-owned miner NMDC, will likely be delayed till after the Lok Sabha elections in May next year.
PRASANTA SAHU

The Centre's proposed sale of its 50.79% stake in NSL is being opposed by the Congress, which runs the incumbent government in Chhattisgarh, at the hustings.

The stake on the block is expected to fetch at least 11,000 crore to the Centre, given NSL's new 3 million tonne per annum hi-smelt technology at Nagarnar.

The financial bids for NSL, which were expected after the new plant was commissioned in August, have been put on hold, sources said.

هذه القصة مأخوذة من طبعة October 25, 2023 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 25, 2023 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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