Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant (VSP), has invited bids from private agencies to take over the operation and maintenance of two of its critical units: the Raw Material Handling Plant (RMHP) and the Sinter Plant. 

This move is part of VSP's ongoing efforts to enhance operational efficiency and secure financial sustainability amidst a broader revival strategy.

The selected private agencies will assume full responsibility for the comprehensive operational management of these two core units. This includes the deployment of manpower, routine plant maintenance, handling of equipment, and all production activities. 

Notably, the agencies will also be accountable for the workforce's salaries and welfare. 

Approximately 2,000 employees are currently engaged in these units, comprising about 700 regular staff and the remainder on a contractual basis. 

Upon contract award, the direct responsibility for these employees, including wage management, will transfer to the private operators.