Rashtriya Ispat Nigam Ltd (RINL) subsidiary, BISRA Stone Lime Company (BSLC), will resume mining operations after a brief hiatus, according to a statement from the Ministry of Steel. BSLC had to cease operations from July 2019 due to a cash crunch. Steel Authority of India Limited and RINL agreed to provide trade advances to BSLC for immediate resumption of its mining activities, the statement said. This decision was taken during a meeting headed by Steel Minister Dharmendra Pradhan. BSLC has been mining and marketing limestone in Sundargarh since 1910.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.