Telangana Government Says No to Bayyaram Steel Plant

January 04, 2020 09:53
Telangana Government Says No to Bayyaram Steel Plant

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Telangana Government Says No to Bayyaram Steel Plant:- The Government of Telangana decided not to take up the prestigious Bayyaram steel plant with state funds as it would be stressful. The government feels that it is not viable technically as the quality of ore in the Khammam forest region is quite low. Before this, the Centre turned down the request of Telangana to set up steel plant as promised as per the AP Reorganization Act 2014. Soon after this, the Telangana government formed a committee headed by Special Chief Secretary Ajay Mishra in June 2019.

The committee conducted a feasibility study on the plant establishment and submitted the report to the government. The government entrusted the Public Sector Consultancy organization - MECON - to prepare a DPR (Detailed Project Report) on the steel plant, It also approached RVNL (Rail Vikas Nigam Limited) to check if it is possible for a railway line from Bailadilla (Chhattisgarh) to Manuguru (Bayyaram) for the ore transportation. Rs 15,000 crores is the estimated budget of the steel plant. With all these turning issues, Telangana government decided not invest in the Bayyaram steel plant.

Telangana Chief Minister KCR is demanding the Centre to fulfill the promise made.

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