Integrated steel plant in Kothagudem soon
The Central government has approved setting up of an integrated steel plant in Kothagudem constituency. An announcement in this regard is expected...
Kothagudem: The Central government has approved setting up of an integrated steel plant in Kothagudem constituency. An announcement in this regard is expected shortly. The Centre’s green signal for the plant came after Khammam Lok Sabha member Ponguleti Srinivas Reddy and Kothagudem MLA Jalagam Venkat Rao met Union Steel Minister Birendra Singh in New Delhi and submitted a representation.
During the meeting, they recalled that in 1975 both the Central and the State governments had set up a joint undertaking, Sponge Iron India Ltd, in Palwancha, which was merged with the NMDC in 2008.
The two leaders informed the Minister that there are many opportunities for setting up an integrated steel plant in the Palwancha unit. The Kothagudem Thermal Power Station will ensure availability of power. Besides, the location was close to a national highway as also a railway station.
It may be recalled that State Minister K T Rama Rao had also held discussions a few days ago on the proposed steel plant with Singh. The leaders later called upon Union Minister Nitin Gadkari and urged him to upgrade the security of the NH 30 and to extend the four-line road to a stretch of 42 km.