Bhubaneswar, September 01 (odisha.in) Long awaited decision regarding merger of Nilachal Ispat Nigam Limited (NINL) with Steel Authority of India Ltd(SAIL) may take place soon, official sources said Saturday.
The SAIL may take takeover the 10 lakh tonne Neelachal Ispat Nigam Ltd, a joint venture between MMTC Ltd that owns 40 per cent stake and the Orissa government soon.
The final decision is expected to be taken in a high-level meeting between the top officials of MMTC, Orissa Government and the SAIL, scheduled to be held at Delhi on September 5, according to a highly placed Government officer.
Odisha.in