Centre, Andhra Govt to Strengthen Vizag Steel Plant

04 Apr 2025 CW Team

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.

Infrastructure Urban

17 Sep 2025

ICMM CEO Rohitesh Dhawan Visits Hindustan Zinc

Hindustan Zinc, India’s only and the world’s largest integrated zinc producer, hosted Rohitesh Dhawan, President & CEO of the International Council on Mining and Metals (ICMM), at its flagship Sindesar Khurd Mine (SKM) in Rajasthan. The visit follows Hindustan Zinc’s induction as the first Indian company into ICMM, marking a significant milestone for India’s mining sector on the global sustainability stage.Dhawan, accompanied by run Misra, CEO of Hindustan Zinc, and the senior leadership team, toured Sindesar Khurd Mine – the world’s fourth-largest silver-producing mine – to ..

Amit Gupta Appointed CFO of Vedanta Jharsuguda Unit

Vedanta Aluminium has announced the appointment of Amit Gupta as Deputy Chief Financial Officer of its aluminium business and Chief Financial Officer of its Jharsuguda unit in Odisha.Gupta has been associated with the Vedanta Group since 2018, beginning as Group Head – FP&A at Vedanta Resources. With over two decades of cross-sector experience, he brings strong expertise in financial strategy, project finance, and business transformation.Prior to this role, he served as CFO of Bharat Aluminium Company (BALCO), where he led finance operations for more than four years. He has also held sen..

Adani Power To Build 2,400 MW Plant in Bihar

Adani Power on Saturday (September 13, 2025) announced plans to set up a 2,400 MW ultra super-critical power plant in Bihar at an investment of $3 billion (around Rs 26.48 billion).The company has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd (BSPGCL) to supply electricity from the project, which will be located at Pirpainti in Bhagalpur district.The PSA follows a Letter of Award issued by BSPGCL to Adani Power on behalf of North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL) in August. Adani P..