Task force to study Bayyaram plant

Task force to study Bayyaram plant
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Highlights

The Centre has set up a task force to reappraise the viability of the steel plants at Kapada in Andhra Pradesh and Bayyaram in Telangana.

​New Delhi: The Centre has set up a task force to reappraise the viability of the steel plants at Kapada in Andhra Pradesh and Bayyaram in Telangana.

Union Steel Minister Birender Singh informed about the task force on steel plants to Minister for Urban Development M Venkaiah Naidu in a letter written to him on Tuesday.

The mandate of the task force is to look into the ways and means of reducing the production cost by studying the advanced and efficient technology alternatives and enhanced availability of scrap, the Steel Minister informed Venkaiah Naidu.

The task force is headed by Joint Secretary, Ministry of Steel, and comprises one Director-level officer each from SAIL, RINL, NMDC and MECON. One representative each from the state governments of Andhra Pradesh and Telangana are included as special invitees.

Venkaiah Naidu has earlier held extensive discussions with Birender Singh regarding the setting up of steel plants in Kadapa district in Andhra Pradesh and Bayyaram in Khammam district of Telangana.

He held detailed discussions with Singh in the wake of the submission of the report by officials of SAIL, which observed that the projects might not be commercially viable considering the conditions of the steel industry domestically and globally.

Naidu earlier suggested to Singh to appoint a task force comprising senior officers and experts to explore ways for setting up the steel plants.

He also wrote a letter to the Union Steel Minister urging him to appoint the task force of senior officers from the Steel Ministry, Rashtriya Ispat Nigam Limited and other related public sector undertakings (PSUs) to look into SAIL’s report and find ways to establish both the plants.

Naidu has said that the task force could also be advised to examine an alternative method if it was not possible to set up the plant with iron ore as raw material. Venkaiah Naidu also suggested that the feasibility of a scrap-based steel plant could also be examined.

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