(a) whether the fresh international bids are being called for the modernisation of steel plant of the Burnpur based Indian Iron and Steel Company (IISCO); and
(b) if so, the details thereof;
(a) whether the fresh international bids are being called for the modernisation of steel plant of the Burnpur based Indian Iron and Steel Company (IISCO); and
(b) if so, the details thereof;
MINISTER OF STATE FOR STEEL
(SHRI DILIP RAY)
(a) & (b): Government has approved a proposal to convert Indian Iron and Steel Company (IISCO) into a Joint Venture (JV) with Steel Authority of India Ltd. (SAIL) holding minority stake. Action plan for the purpose has not yet been finalised.