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RINL Denies Allegation, Enjoys Excellent Support From NMDC

Steel News - Published on Tue, 01 Oct 2019

Image Source: SteelGuru
RINL has refuted the allegations made by Mr JV Satyanarayana Murthy, CPI State Assistant Secretary at a press conference on Sunday stating that the management of RINL picked up confrontation with NMDC. The allegations are “baseless and lacks substance”. It is clarified that RINL and NMDC have been maintaining excellent relationship with regard to supply of iron ore since inception of the steel plant at Visakhapatnam.

RINL has long term agreement with NMDC for supply of Iron Ore to meet its requirement. However the supply of iron ore from the NMDC mines in Chhattisgarh gets disrupted during the breakdown of KK line and impact on production during rainy season. During these disturbances, RINL ties- up from alternative sources for the required quantity like NMDC mines in Karnataka, Odisha Mining Corporation mines in Odisha and in extreme emergencies through tender. RINL has plans to source its requirement of Iron Ore during such exigencies from SAIL, considering the preliminary sanctions given to them recently.

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Posted By : Sanju Moirangthem on Tue, 01 Oct 2019
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