LMC Generates Rs 366.33 Crore on Day 1 of RINL Land E-auction, 150 Plots Sold

LMC Generates Rs 366.33 Crore on Day 1 of RINL Land E-auction, 150 Plots Sold

Get latest articles and stories on Business at LatestLY. The National Land Monetization Corporation (NLMC) recorded Rs 366.33 crore in successful bids on the first day of its maiden end-to-end e-auction of land parcels belonging to Rashtriya Ispat Nigam Limited (RINL), according to the Ministry of Finance. Business News | LMC Generates Rs 366.33 Crore on Day 1 of RINL Land E-auction, 150 Plots Sold.

Govt rakes in Rs 366 crore on Day 1 of e-auction for RINL plots in Vizag

Digital Desk | New Delhi, Oct 13 (IANS) The National Land Monetisation Corporation (NLMC) on Tuesday was successful in selling 150 plots belonging to Rashtriya Ispat Nigam Limited (RINL), the corporate entity operating Visakhapatnam Steel Plant, for a total bid value of Rs 366.33 crore against an aggregate reserve price of Rs 312.48 crore fixed for the e-auction, according to a Finance Ministry statement. The successful bids recorded an averag…

RINL Land Auction: NLMC Records ₹366.33 Crore in Successful Bids as 150 Plots Are Sold - Hello Entrepreneurs

New Delhi, October 13: The National Land Monetization Corporation (NLMC), under the Department of Public Enterprises (DPE), Ministry of Finance, Government of India, successfully conducted Day 1 of the e-auction of premium land parcels belonging to Rashtriya Ispat Nigam Limited (RINL), the corporate entity operating Visakhapatnam Steel Plant. The first phase marks a significant milestone [...] <p>The post RINL Land Auction: NLMC Records ₹366.33 …