Going another step ahead, the Neelachal Ispat Nigam Limited (NINL), Kalinga Nagar has sealed a deal to supply steel billets to projects of the Power Grid Corporation of India Limited (PGCIL) for an initial period of one year
The PGCIL will use the MS channels and angles produced from the NINL steel billets for electrical transmission towers across the country.
The 1.1-MT-capacity integrated steel plant has set target for major share in the special grade steel billet supply for the power transmission and distribution segments, which is growing in an accelerated pace in the country.
The NINL is also going to market its own brand of TMT, wire rods and structures through conversion agents. Billet produced by the NINL has already been widely accepted as it has immense value.
