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Rashtriya Ispat Nigam information


Rashtriya Ispat Nigam Limited
Company typeCentral Public Sector Undertaking
IndustrySteel
Iron
Founded18 February 1982 (1982-02-18)[1]
Headquarters
Visakhapatnam
,
India
Key people
Atul Bhatt (Chairman & MD)
D K Mohanty (Director - Commercial)
Arun Kanti Bagchi (Director Projects)[2]
Suresh Chandra Pandey (Director - Personnel)[3]
ProductsSteel and Iron
RevenueIncrease20,492.03 crore (US$2.6 billion) (2018-2019)[4]
Net income
Increase96.71 crore (US$12 million) (2018-19)[4]
Total assetsIncrease35,201.31 crore (US$4.4 billion) (2018-19)[4]
Total equityIncrease7,352.28 crore (US$920 million) (2018-19)[4]
OwnerMinistry of Steel, Government of India
Number of employees
14,729 (March 2023)
SubsidiariesRINL Forged Wheel Plant, UP
Eastern Investments Limited (EIL)
The Orissa Minerals Development Company Limited (OMDC)
The Bisra Stone Lime Company Limited (BSLC)
Websitewww.vizagsteel.com

Rashtriya Ispat Nigam Ltd, (abbreviated as RINL), also known as Vizag Steel, is a central public sector undertaking under the ownership of Ministry of Steel, Government of India based in Visakhapatnam, India. Rashtriya Ispat Nigam Limited (RINL) is the government entity of Visakhapatnam Steel Plant (VSP), India's first shore-based integrated steel plant built with state-of-the-art technology. Visakhapatnam Steel Plant (VSP) is a 7.3 MTPA plant. It was commissioned in 1992 with a capacity of 3.0 MTPA of liquid steel. The cpsu subsequently completed its capacity expansion to 6.3 MTPA in April 2015 and to 7.3 MTPA in December 2017. The PSU is having one subsidiary, viz. Eastern Investment Limited (EIL) with 51% shareholding, which in turn is having two subsidiaries, viz. M/s Orissa Mineral Development Company Ltd (OMDC) and M/s Bisra Stone Lime Company Ltd (BSLC). The CPSU has a partnership in RINMOIL Ferro Alloys Private Limited and International Coal Ventures Limited in the form of Joint Ventures with 50% and 26.49% shareholding respectively.

  1. ^ "RINL Formation Day Celebrated" (PDF). Rashtriya Ispat Nigam Limited. Retrieved 2 September 2011.
  2. ^ "CONTACT US - RINL". 12 May 2023.
  3. ^ "Dr Suresh Chandra Pandey assumes charge as Director (Personnel) of RINL". 12 May 2023.
  4. ^ a b c d "Balance Sheet 31.03.2019".

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