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TS Govt forms committee on Bayyaram Steel plant
IT & Industries Minister KT Rama Rao, along with Energy Minister Jagdish Reddy, held a joint meeting with Singareni, Mines & Geology and Telangana State Mineral Development Corporation Limited (TSMDC) officials on setting up an integrated steel plant at Bayyaram.
Hyderabad: IT & Industries Minister KT Rama Rao, along with Energy Minister Jagdish Reddy, held a joint meeting with Singareni, Mines & Geology and Telangana State Mineral Development Corporation Limited (TSMDC) officials on setting up an integrated steel plant at Bayyaram.
A committee has been formed to study and submit a detailed report on Bayyaram steel plant in one month. The committee comprises of officials from Energy, Singareni, Mines and Geology & TSMDC Departments. The committee will study the process of establishment of steel plant and availability of land, water and iron ore resources and road connectivity.
As per AP State Reorganisation Act 2014, Telangana has been assured a steel plant at Bayyaram. "Though there are a lot of possibilities for setting up of a steel plant at Bayyaram, Central Government is not responding positively since four years," Rama Rao added.
Telangana government has been pursuing the issue of setting up of the steel plant with the Union government. Minister reiterated that the State government would continue its efforts to get the steel plant established at Bayyaram at any cost.
In today's meeting, KTR said, "The state government has approached Union Government many times for setting up of a steel plant at Bayyaram. In Spite of Telangana government providing assurance on bearing the 50% expenditure, the centre is not responding positively. We will relentlessly pursue with the Union government at all levels for establishing a steel plant at Bayyaram. Telangana government is committed to Bayyaram steel plant with or without the support of Government of India." The steel plant at Bayyaram is expected to create a lot of direct and in indirect employment opportunities in the state.
IT & Industries Department Principal Secretary Jayesh Ranjan and senior officials from Energy, Singareni, Mines and Geology & TSMDC departments participated in the meeting.
