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AP High Grade Steels Invites EoI for Kadapa Steel Plant

Steel News - Published on Thu, 09 Jul 2020

Image Source: Kadapa Steel Plant
Business Line reported that AP High Grade Steels Limited, a special purpose vehicle formed to set up a steel plant in YSR Kadapa district of Andhra Pradesh, has invited global players for partnership in a proposed greenfield steel plant project. SPV is now seeking potential partners, collaborators interested in developing the steel plant by taking part in its equity, bringing in technology, operating the project, and marketing

The government has proposed setting up an integrated steel plant with capacity of about three million tonnes per annum. The State has earmarked about 3,500 acres of land, assured uninterrupted power supply, supply of 2 TMC of water and creation of various necessary infrastructure needed for the proposed project.

The State Government had also held parleys with the State-owned iron ore mining company NMDC for supply of iron ore for the steel plant.

Source :

Posted By : Yogender Pancholi on Thu, 09 Jul 2020
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