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Forging a deal. Salem Steel Plant divestment: SAIL agrees to give up 1,600 acres to TN

Forging a deal. Salem Steel Plant divestment: SAIL agrees to give up 1,600 acres to TN

Oct 10, 2024

In a bid to facilitate divestment of Salem Steel Plant, Steel Authority of India Ltd (SAIL) has reportedly agreed to “give up non-core land” to the Tamil Nadu government. In return, the state government will facilitate the divestment process, an internal note of the Ministry of Steel, reviewed by businessline, said.

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