NMDC to supply iron ore for proposed Kadapa Steel Plant

Amaravati: The Andhra Pradesh government and state owned mining major NMDC will soon sign an MoU for supply of iron ore, a critical raw material, for the proposed Kadapa steel plant plant, foundation for which is planned to be laid next month.

Union Petroleum and Natural Gas Minister Dharmendra Pradhan held a meeting with Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy at the Secretariat here on Friday afternoon and discussed a host of issues, including the critical iron ore linkage for the steel plant.

Jagan had on July 8 announced that a new steel plant would be set up in Kadapa district, foundation for which would be laid on December 26. Official sources said it was not yet decided whether the steel plant would be set up by the government or by a private entity.