KT Rama Rao urges Centre to set up steel plant at Bayyaram
Cement

KT Rama Rao urges Centre to set up steel plant at Bayyaram

KT Rama Rao, IT Minister and industries, requested the Central Government to stop its discriminatory approach towards Telangana and take initiatives to establish a steel plant at Bayyaram at the earliest.

The IT Minister voiced his concern that at Bayyaram, high-quality iron ore is available. Due to the lack of commitment of the Central Government, it has delayed setting up a steel plant.

He said that in the AP Reorganisation Act 2014, establishing a steel plant in Bayyaram was promised. However, the Centre did not take any steps regarding this matter even after seven-and-a-half years.

In a letter addressed to Ramachandra Prasad Singh, Union Steel Minister, Mr Rama Rao informed that despite the commitment given by the Central Government, the Centre had placed the proposed steel factory aside.

He said that along with many promises made to Telangana as part of bifurcation, the Centre is deliberately denying the State its due.

The report of the Geological Survey of India confirmed that there is a 300 million metric tonne (mmt) iron ore reserve in Bayyaram. However, the Centre kept saying that there is no quality ore.

The State also asked for allotment of mines at Bailadilla, around 180 km away, which could easily be transported via railway line or slurry pipeline.

The Minister revealed that MECON Limited examined Khammam and surrounding areas and confirmed the possibilities of setting up a pelletisation plant in the area.

The Central Government agencies such as National Mineral Development Corporation (NMDC) and Singareni Collieries Company Limited (SCCL) were ready to set up the steel plant, but the Centre remained indifferent.

The Centre also established Special Purpose Vehicles (SPV) for building steel plants in Jharkhand and Chhattisgarh. During the same time, it also allotted massive funds for modernising existing plants in Rourkela and other places.

He claimed that the Central Government also tried to dilute the Steel Authority of India Limited (SAIL).

Image Source

Also read: JSW Steel plans to expand integrated steel plant in Ballari, Karnataka

KT Rama Rao, IT Minister and industries, requested the Central Government to stop its discriminatory approach towards Telangana and take initiatives to establish a steel plant at Bayyaram at the earliest. The IT Minister voiced his concern that at Bayyaram, high-quality iron ore is available. Due to the lack of commitment of the Central Government, it has delayed setting up a steel plant. He said that in the AP Reorganisation Act 2014, establishing a steel plant in Bayyaram was promised. However, the Centre did not take any steps regarding this matter even after seven-and-a-half years. In a letter addressed to Ramachandra Prasad Singh, Union Steel Minister, Mr Rama Rao informed that despite the commitment given by the Central Government, the Centre had placed the proposed steel factory aside. He said that along with many promises made to Telangana as part of bifurcation, the Centre is deliberately denying the State its due. The report of the Geological Survey of India confirmed that there is a 300 million metric tonne (mmt) iron ore reserve in Bayyaram. However, the Centre kept saying that there is no quality ore. The State also asked for allotment of mines at Bailadilla, around 180 km away, which could easily be transported via railway line or slurry pipeline. The Minister revealed that MECON Limited examined Khammam and surrounding areas and confirmed the possibilities of setting up a pelletisation plant in the area. The Central Government agencies such as National Mineral Development Corporation (NMDC) and Singareni Collieries Company Limited (SCCL) were ready to set up the steel plant, but the Centre remained indifferent. The Centre also established Special Purpose Vehicles (SPV) for building steel plants in Jharkhand and Chhattisgarh. During the same time, it also allotted massive funds for modernising existing plants in Rourkela and other places. He claimed that the Central Government also tried to dilute the Steel Authority of India Limited (SAIL). Image Source Also read: JSW Steel plans to expand integrated steel plant in Ballari, Karnataka

Next Story
Real Estate

Varun Malik Joins ANAROCK as MD, Head of Capital Markets, APAC

ANAROCK Capital has appointed Varun Malik as Managing Director, Head of Capital Markets (APAC), marking a strategic move to expand its presence across Asia-Pacific. Based in Singapore, Malik will drive ANAROCK’s capital markets initiatives in the region.A real estate finance veteran, Malik brings over 18 years of experience in structuring complex cross-border transactions across South-East Asia and Australia. He has led debt and equity deals for REITs, fund managers, and developers, delivering strong returns and driving investor value.“We will redefine real estate capital solutions across ..

Next Story
Real Estate

Patra Chawl lottery held, 663 families allotted homes

Mumbai's Siddharth Nagar (Patra Chawl) Co-operative Housing Society members in Goregaon (West) saw their 15-year wait come to a close as MHADA conducted a successful computerised lottery for 663 eligible members under its redevelopment scheme.The Mumbai Housing and Area Development Board conducted the draw using the RAT (Randomised Allotment of Tenement) system at Sardar Vallabhbhai Patel Hall. The lottery, overseen by Mr. Milind Borikar, Chief Officer of Mumbai Board, ensured transparency by digitally allotting each member a building, wing, and floor.The project, located on Plot R-9, received..

Next Story
Infrastructure Transport

BLR Airport crosses 41 million passengers, 500,000 MT cargo

Kempegowda International Airport, Bengaluru (BLR Airport), has recorded key operational milestones in FY 2024-25, crossing 41.88 million passengers and handling 502,480 metric tonnes of cargo. This marks a year-on-year passenger growth of 11.6 per cent and a 14 per cent rise in cargo volumes.Domestic footfall reached 36.05 million, up 10 per cent, while international traffic saw a robust 25 per cent jump to 5.83 million, aided by Indigo’s global expansion and added frequencies by international carriers. BLR Airport now connects to 76 domestic and 33 international destinations, with Hanoi set..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?