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Centre steps up land monetisation with RINL’s 459-plot auction, three-city roadshow
NLMC will hold investor roadshows in Visakhapatnam, Vijayawada, and Hyderabad next week to drive the October e-auction of 459 RINL land parcels.
New Delhi: To push towards its land monetisation target, the National Land Monetization Corporation (NLMC) will host a series of investor meets to attract potential bidders for the e-auction of 459 land parcels owned by Rashtriya Ispat Nigam Ltd (RINL), the corporate entity of Visakhapatnam Steel Plant.
NLMC said in a statement on Thursday that the meetings will take place next week across Visakhapatnam (23 September), Vijayawada (24 September), and Hyderabad (25 September).
The initiative comes amid the Centre’s push to accelerate the monetisation of surplus land and other non-core assets of central public sector enterprises (CPSEs). The government has set a target of ₹80,000 crore in disinvestment and asset monetisation receipts for FY27, making land monetisation an important component of its broader strategy to unlock value from government-owned assets.
