Centre, Andhra Govt to Strengthen Vizag Steel Plant
ECONOMY & POLICY

Centre, Andhra Govt to Strengthen Vizag Steel Plant

The Central and Andhra Pradesh governments have decided to collaborate on a comprehensive action plan to strengthen the Vizag Steel Plant (VPS). The initiative aims to address financial challenges, enhance production, and ensure the plant’s long-term viability.

A delegation from the Union Ministry of Steel met Chief Minister N. Chandrababu Naidu in Undavalli, Guntur district, to discuss a financial package and necessary measures for VPS. Union Minister of State for Steel, B. Srinivasa Varma, thanked Naidu for deploying the Special Protection Force (SPF) to secure the plant.

Strategic Measures for Revival

During the discussions, Naidu proposed regular reviews of the plant’s progress and urged the reopening of the third blast furnace to increase production capacity. Currently, only two blast furnaces are operational.

He emphasized the need for continued collaboration between the central and state governments, assuring full state support to enhance the plant’s efficiency and financial health.

The joint action plan is expected to strengthen Vizag Steel Plant’s position in India’s steel sector, ensuring its revival and sustained growth.

The Central and Andhra Pradesh governments have decided to collaborate on a comprehensive action plan to strengthen the Vizag Steel Plant (VPS). The initiative aims to address financial challenges, enhance production, and ensure the plant’s long-term viability. A delegation from the Union Ministry of Steel met Chief Minister N. Chandrababu Naidu in Undavalli, Guntur district, to discuss a financial package and necessary measures for VPS. Union Minister of State for Steel, B. Srinivasa Varma, thanked Naidu for deploying the Special Protection Force (SPF) to secure the plant. Strategic Measures for Revival During the discussions, Naidu proposed regular reviews of the plant’s progress and urged the reopening of the third blast furnace to increase production capacity. Currently, only two blast furnaces are operational. He emphasized the need for continued collaboration between the central and state governments, assuring full state support to enhance the plant’s efficiency and financial health. The joint action plan is expected to strengthen Vizag Steel Plant’s position in India’s steel sector, ensuring its revival and sustained growth.

Next Story
Products

unWOOD transforms plastic waste into durable wood alternative

unWOOD, a breakthrough innovation, is converting hard-to-recycle plastic waste into a durable alternative to natural wood. Developed through a proprietary process called Intelligent Compounding, unWOOD uses a Macro Molecular Fiber Matrix (MMFM) structure to replicate the strength, look, and feel of hardwood—without the environmental cost.Conceptualised by Dr Babu Padmanabhan, the material addresses key flaws in traditional plastic recycling by consuming minimal energy, using zero water, and generating no microplastics. “Any application that introduces plastics into areas where it cannot be..

Next Story
Real Estate

India's first AI-integrated campus announced in Noida

Yashoda Hospital and Bhutani Infra have announced plans to develop India’s first fully AI-integrated mixed-use campus in Greater Noida West. The upcoming project will feature a hospital, retail spaces, offices, SOHOs, serviced apartments, and a hotel—all operating within a self-learning, generative AI-powered ecosystem.The AI-first campus will integrate real-time data systems, predictive analytics, and adaptive infrastructure to offer personalised experiences across functions. From AI-enabled footfall tracking and dynamic energy optimisation to smart F&B and retail insights, the develo..

Next Story
Infrastructure Urban

Postal Dept Unveils Stamp Honouring 125 Years of Kodaikanal Observatory

The Department of Posts is proud to release a commemorative postage stamp celebrating 125 years of the Kodaikanal Solar Observatory (KSO). Recognising the legacy of the KSO through this special stamp is a fitting tribute to one of India’s most significant scientific institutions and highlights the nation’s long-standing contribution to global science.The Commemorative stamp was released by S Rajendra Kumar, Chief Postmaster General, Karnataka Circle in the gracious presence of A S Kiran Kumar, Chairperson, Governing Council, IIA and Former Chairman, ISRO and other esteemed guests at Indian..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?