KTR: Telangana will set up Bayyaram steel plant

KTR: Telangana will set up Bayyaram steel plant
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Minister for Industries KT Rama Rao on Wednesday addressed the media over the subject of the steel plant at Bayyaram.

Minister for Industries KT Rama Rao on Wednesday addressed the media over the subject of the steel plant at Bayyaram.

Speaking at an event, KTR said that the Telangana government will ensure setting up of the steel plant at Bayyaram in Khammam district under the aegis of the Singareni Collieries Company Limited (SCCL) and the Telangana State Mineral Development Corporation (TSMDC).

The Minister said that the state government is committed to set up the Steel Plant and is firm in its resolve even if the Centre fails to do so. He further assured to generate the employment for the local people.

Earlier, this week a committee was formed to look into the setting up of the Integrated Steel Plant and submit a detailed report in this regard in one month.

Telangana had been assured a steel plant at Bayyaram, according to the AP State Reorganisation Act 2014. However the Centre recently clarified that the integrated steel plant is not possible and that the Act had only talked of examining the feasibility of setting up the plant.

Following this, KTR announced that the Telangana government is committed to the Bayyaram steel plant with or without the support of Government of India.

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