DSIJ Mindshare

The government also has formed a ‘National Steel Policy’, which aims this achievement of 300 MTPA crude steel capacity by 2030. It has further taken certain steps toward fulfilling this goal.

The company announced that it has been awarded a contract for railway electrification works worth Rs 474.92 crore. The company will enter into an MOU with the concerned railway where the company will have a scope of work in turnkey contracts.

After the stake sell, Epsilon Bidco Pte Ltd will continue to hold a controlling stake in the company with 52 per cent holding remaining. Essel Propack is a manufacturer of plastic packaging material (collapsible tubes & laminates) used for FMCG companies.

Recently, Cochin Shipyard did a successful order booking for two automated vessels from Norwegian Government. These will be the first-of-its-kind unmanned vessels.

RBI said that the result of the auction will be announced on the same day and successful participants should ensure the availability of the requisite amount of securities in their SGL account by noon on September 25, 2020.