Essar Steel chosen to develop Kadapa steel plant
May 04, 2021
Chief Minister YS Jagan Mohan Reddy conducting the State cabinet meeting at the Secretariat - The Hindu
Chief Minister YS Jagan Mohan Reddy conducting the State cabinet meeting at the Secretariat - The Hindu×
The ₹11,000-crore project will generate over 25,000 jobs directly and indirectly The Andhra Pradesh Government has selected Essar Steel as a partner for development of the proposed 3 million tonnes per annum high grade steel Kadapa greenfield plant.
The State Cabinet chaired by YS Jagan Mohan Reddy today decided to mandate Essar Steel to develop the steel plant on the basis of recommendations made by SBICAP. This means the earlier selection of Liberty Steel India as joint venture partner will be cancelled.