Tata Steel starts operation at the Neelachal Ispat plant in Odisha

06 Oct 2022 CW Team

The Odisha-based Neelachal Ispat Nigam Ltd (NINL) has begun operations nearly 90 days after being acquired by a Tata Steel subsidiary in a bidding process for Rs 120 billion, according to a statement released on Monday.

The plant, which has a capacity of 1.1 million tonnes of steel, has been closed for nearly two years for a variety of reasons. Tata Steel Long Products (TSLP), a Tata Steel subsidiary, announced in a statement that the blast furnace at its subsidiary NINL had been restarted just 90 days after the acquisition was completed on July 4, 2022.

"Given that the site had not been in operation for two years, we wanted to restart the furnace quickly, deploying and demonstrating Tata Steel's strong execution capabilities," said T V Narendran, Chairman of Tata Steel Long Products Ltd & NINL. Narendran, who is also the CEO and Managing Director of parent Tata Steel, stated that the focus is now on gradually ramping up production to rated capacity as planned.

Tata Steel intends to invest in the NINL site over the next few years to construct a dedicated 4.5 million tonnes per annum long products complex.

Real Estate

12 May 2026

ESNAAD Hands Over The Spark Project in Dubai

ESNAAD Real Estate Development has announced the handover of The Spark by ESNAAD, its residential project located in Mohammed Bin Rashid City, Dubai.The development comprises a ground floor, five residential floors and a rooftop, with 50 one and two-bedroom apartments. The project has been designed with a focus on practical layouts, contemporary architecture and long-term value for homeowners and investors.Located in District 11 of Mohammed Bin Rashid City, the project offers connectivity to Downtown Dubai, DIFC, Meydan, Dubai Marina and Dubai International Airport through Dubai Al Ain Road.Th..

L&T Achieves Double Tunnel Breakthrough at Dibang

Larsen & Toubro (L&T) has achieved a historic double milestone at the Dibang Multipurpose Project (Lot-02) in Arunachal Pradesh. On 28 April 2026, its Heavy Civil Infrastructure team recorded simultaneous breakthroughs in Diversion Tunnel-4 and Diversion Tunnel-5, successfully coordinating two daylighting blasts on the same day amid the difficult geological and environmental conditions of the Lower Dibang Valley.With this, the project has now completed breakthroughs in three of the five diversion tunnels, following DT-3 in February. The 2880 MW Dibang Multipurpose Project is a critical..

ICEMA Reports Resilient CE Industry Amid Export Surge

India’s construction equipment (CE) industry reported a marginal decline of around 2 per cent in total equipment sales during FY2025–26, with overall sales falling to 136,995 units from 140,191 units in FY25. However, exports registered strong growth of 31.5 per cent, reinforcing India’s position as the world’s third-largest construction equipment market.According to ICEMA, domestic demand declined by around 7 per cent across most equipment categories due to slower infrastructure execution, project delays, land acquisition challenges and slower disbursement cycles. ICEMA said the secto..