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Rayalaseema Steel Corp to set Kadapa steel plant in AP

Steel News - Published on Thu, 08 Nov 2018

Image Source: Indian Express
India Today reported that the Andhra Pradesh cabinet cleared steel plant setting up case In Kadapa after central's denial. AP cabinet has decided to set up Rayalaseema Steel Corporation on public private partnership and decided to set up Kadapa steel plant on its own. The AP mineral development corporation will extend financial assistance for the plant. The government also cleared appointment of P Madhusudana as temporary CMD of Rayalaseema Steel Corporation.

It was also decided that the Chief Minister N Chandrababu Naidu will lay foundation for Kadapa steel plant in this month itself.

The proposed steel plant has emerged as one of the contentious issue between Narendera Modi lead BJP government and TDP lead state government.

Source :

Posted By : Sanju Moirangthem on Thu, 08 Nov 2018
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