Centre backs setting up of steel plant in Kadapa.

Centre backs setting up of steel plant in Kadapa.

The Steel Ministry has reviewed the preparation for establishing a steel plant in YSR Kadapa district of Andhra Pradesh. This project was envisaged under Andhra Pradesh Reorganisation Act, 2014.

An official statement said, “A high-powered task force comprising representatives from the Central and State governments, SAIL, RINL, NMDC, MECON and MSTC is working to evolve a plan and prepare a technical report. MECON has already submitted a draft report.”

“Further, it has finalised all that is required for the preparation of the technical report and is waiting for data relating to availability of iron ore, which is essential for the preparation of the feasibility report. This data is to be provided by the State government which is still awaited,” the statement said.

Earlier this month, Steel Minister Chaudhary Birender Singh had instructed MECON to give its technical report to the task force without waiting for other details yet to be provided by the State government.

“He instructed that MECON may follow up with the State government to furnish the details of mining leases and availability of iron ore at the earliest so as to enable task force to evaluate the technical report of the project and its feasibility.

It was also decided that the task force will study the mode of investment for the proposed steel plant,” the official statement said.

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