Economy & Bankingv3 · 3 versions
NLMC - Monetising Surplus Government Land
The National Land Monetization Corporation, or NLMC, is a company wholly owned by the Centre, run under the Department of Public Enterprises in the Finance Ministry, that helps public sector enterprises and other government bodies earn from surplus land and non-core assets. On 13 October 2026 it reported its first end-to-end e-auction, selling 150 plots of Rashtriya Ispat Nigam Limited, the company behind the Visakhapatnam Steel Plant, for Rs 366.33 crore.
Last updated 13 October 20264 min read
Latest update
Adds NLMC's first end-to-end e-auction result: 150 RINL plots sold for Rs 366.33 crore, with the final 216 plots moved to 30 October 2026.
- NLMC
- National Land Monetization Corporation
- asset monetisation
- Department of Public Enterprises
- surplus land
- CPSE
- Ministry of Finance
- RINL
- Rashtriya Ispat Nigam Limited
- Visakhapatnam Steel Plant
- land monetisation
- e-auction
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