 "Lenders prepare Monnet Ispat for recovery")
Neelachal Ispat Nigam Ltd (NINL), the steel company co-promoted by MMTC Ltd and two Odisha government controlled entities, has churned out 0.72 million tonnes of hot metal in this fiscal (as on March 11), its best ever production figure since inception.
NINL with its steel plant located at Kalinganagar (Odisha), home to a cluster of steel projects owned by Tatas, Jindals and others, edged past its previous best output of 0.71 million tonnes in 2009-10.
S S Mohanty, vice chairman & managing director, NINL, said, “The hot metal production will improve further. We have also plans to adopt Coal Dust Injection technology
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