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NINL finalises deal to supply steel billets to PGCIL projects

Wednesday, 29 May 2019

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Neelachal Ispat Nigam (NINL) has finalised a deal to supply steel billets to projects undertaken by the Power Grid Corporation of India (PGCIL) for an initial period of one year.

PGCIL will use the mild steel channels and angles produced by NINL steel billets for construction of electrical transmission towers across the country.

NINL’s 1.1 million tonne integrated steel plant based in Odisha's Kalinga Nagar has set a target to garner a significant share in the supply of special grade steel billets for the power transmission and distribution segment which is growing at an accelerated pace in the country.

Apart from this, NINL is also going to market with its own brand of TMT, wire rods and structures through conversion agents. The company has supplied billets to Tata Steel, the Steel Authority of India (SAIL), among others.