Government Approves Privatisation of Ferro Scrap Nigam Ltd to Konoike Transport for ₹320 Crore
New Delhi: The government has greenlit the privatisation of Ferro Scrap Nigam Ltd (FSNL), selling it to the Japanese corporation Konoike Transport Co Ltd for ₹320 crore. FSNL, a 100% subsidiary of MSTC Ltd under the Steel Ministry, attracted two technically qualified financial bids. The decision was made by an Alternative Mechanism that includes Transport…
