Rashtriya Ispat Nigam (RINL) is set to commission its forged wheel plant project at Rai Bareilly in Uttar Pradesh by September 2019. The steel alloy plant will supply wheels to the Indian Railways and it will result in import substitution.
RINL will also shortly sign a memorandum of understanding (MoU) with KIOCL to set up a pellet plant in Karnataka. RINL was supplying steel to the mega Polavaram project, being built on the Godavari at Polavaram in West Godavari district in Andhra Pradesh and also to other projects in the country, including the Statue of Unity in Gujarat, the Rohtang tunnel and metro rail projects in different parts of the country.
The steel plant was ready to produce 7.3 million tonne of steel and the expansion and modernisation of the plant.