SAIL team to visit Kadapa to explore setting up steel plant.

PTI reported that the proposed tour of Kadapa district by a nine member team of officials of the Steel Authority of India on May 24th and 25th 2014 has rekindled the hopes of the people that an integrated steel factory would be established in place of Brahmani steel plant at Ambavaram in Jammalamadugu constituency.

Mr. G Gopal GM of District Industries Centre said that 'SAIL officials will address a meeting of mining, irrigation, electricity, pollution control board and other officials in the mini-conference hall in the Collectorate on May 24th and make a field visit on May 25th.'

Construction of a steel plant in the public sector through SAIL or Rashtriya Ispat Nigam was one of the predominant demands during the 75 day long anti bifurcation movement. The steel plant would not only generate employment avenues but would give rise to establishment of several ancillary units that would provide indirect employment.

The demand for a steel plant was voiced vehemently during the anti-bifurcation movement in Kadapa district in the backdrop of termination of a Memorandum of Understanding reached by the Y S Rajasekhara Reddy Government with Brahmani Industries Limited, a subsidiary of Obulapuram Mining Company, owned by former Karnataka Minister Mr Gali Janardhan Reddy, who was jailed in an illegal mining scam.

The Government terminated the MoU, whose validity expired on May 10th 2010 and for the latter's failure to keep up commitment to set up an integrated steel plant at Jammalamadugu.

The Kiran Kumar Reddy Government had cancelled alienation of over 10,760 acres of land to Brahmani Industries Limited for its failure to establish an integrated steel plant within the stipulated time frame.



STEELGURU