Steel Authority of India (SAIL), NMDC and Rashtriya Ispat Nigam (RINL) are planning to invest Rs 15,069 crore this fiscal towards modernization and expansion, Rs 700 crore less than the actual outlay for the last financial year. Of total, SAIL will spend Rs 9,000 crore in current fiscal, followed by iron ore miner NMDC Rs 4,345 crore and RINL Rs 1,724.17 crore.
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