Center Finally To Approve Kadapa Steel Plant?

Union Government seems to be moving forward at least on one promise to Andhra Pradesh. The Taskforce appointed to look into the feasibility of a Steel Plant in Kadapa has submitted its report to the concerned Union Minister.

[m9ad]

The Task Force in the report said that the project is feasible to be set up in Kadapa. The project will initiate huge employment opportunities in the region. Earlier, the Central Government rejected the proposal saying that Iron Ore available in Kadapa is of a Poor Quality.

But the State Government proactively agreed to give necessary Iron Ore for free to make the project financially viable. The Union Steel Ministry is now seeking more contribution from the state in terms of Land, Power, Transport facilities etc.