Rashtriya Ispat Nigam

Rashtriya Ispat Nigam Limited

Company type	Central Public Sector Undertaking
Industry	Steel Iron
Founded	18 February 1982 (1982-02-18)[1]
Headquarters	Visakhapatnam , India
Key people	Ajit Kumar Saxena (Chairman & MD) D K Mohanty (Director - Commercial) Arun Kanti Bagchi (Director Projects)[2] Suresh Chandra Pandey (Director - Personnel)[3]
Products	Steel and Iron
Revenue	₹20,492.03 crore (US$2.5 billion) (2018-2019)[4]
Net income	₹96.71 crore (US$12 million) (2018-19)[4]
Total assets	₹35,201.31 crore (US$4.2 billion) (2018-19)[4]
Total equity	₹7,352.28 crore (US$880 million) (2018-19)[4]
Owner	Ministry of Steel, Government of India
Number of employees	14,729 (March 2023)
Subsidiaries	RINL Forged Wheel Plant, UP Eastern Investments Limited (EIL) The Orissa Minerals Development Company Limited (OMDC) The Bisra Stone Lime Company Limited (BSLC)
Website	www.vizagsteel.com

Rashtriya Ispat Nigam Ltd, (abbreviated as RINL), also known as Vizag Steel, is a central public sector undertaking under the ownership of Ministry of Steel, Government of India based in Visakhapatnam, India. Rashtriya Ispat Nigam Limited (RINL) is the government entity of Visakhapatnam Steel Plant (VSP), India's first shore-based integrated steel plant built with state-of-the-art technology. Visakhapatnam Steel Plant (VSP) is a 7.3 MTPA plant. It was commissioned in 1992 with a capacity of 3.0 MTPA of liquid steel. The cpsu subsequently completed its capacity expansion to 6.3 MTPA in April 2015 and to 7.3 MTPA in December 2017. The PSU is having one subsidiary, viz. Eastern Investment Limited (EIL) with 51% shareholding, which in turn is having two subsidiaries, viz. M/s Orissa Mineral Development Company Ltd (OMDC) and M/s Bisra Stone Lime Company Ltd (BSLC). The CPSU has a partnership in RINMOIL Ferro Alloys Private Limited and International Coal Ventures Limited in the form of Joint Ventures with 50% and 26.49% shareholding respectively. RINL is wholly owned by the Government of India.