+
ArcelorMittal Nippon Steel to Build India's Largest Plant in Andhra
Steel

ArcelorMittal Nippon Steel to Build India's Largest Plant in Andhra

The ArcelorMittal Nippon Steel India (AMNS) plant is currently being established at Nakkapalli in Anakapalli district with a total investment of Rs 1.47 trillion. The project will be executed in two phases, with an investment of Rs 617.80 billion in the first phase and Rs 853.82 billion in the second. Once fully operational, the plant will have a production capacity of 17.80 Million Tonne Per Annum (MTPA), with 7.30 MTPA in the first phase and 10.50 MTPA in the second.

The decision to set up the steel plant in Andhra Pradesh followed extensive efforts by the State government’s task force on investments. The plant is expected to generate approximately one lakh jobs, significantly contributing to employment and economic development in the region.

Initially, AMNS had considered establishing the facility in Odisha. However, after discussions between the Andhra Pradesh government and Aditya Mittal at the World Economic Forum in 2018, the company shifted its focus to Andhra Pradesh. The proposal was followed up consistently, ultimately leading to the decision to set up the plant in Nakkapalli.

The project is seen as a major milestone for the state’s industrial sector and is expected to boost economic growth. With its establishment, the AMNS plant is set to become the largest steel manufacturing facility in the country. The investment reflects the company’s confidence in the state's business environment and governance.

News source: The Hindu

The ArcelorMittal Nippon Steel India (AMNS) plant is currently being established at Nakkapalli in Anakapalli district with a total investment of Rs 1.47 trillion. The project will be executed in two phases, with an investment of Rs 617.80 billion in the first phase and Rs 853.82 billion in the second. Once fully operational, the plant will have a production capacity of 17.80 Million Tonne Per Annum (MTPA), with 7.30 MTPA in the first phase and 10.50 MTPA in the second. The decision to set up the steel plant in Andhra Pradesh followed extensive efforts by the State government’s task force on investments. The plant is expected to generate approximately one lakh jobs, significantly contributing to employment and economic development in the region. Initially, AMNS had considered establishing the facility in Odisha. However, after discussions between the Andhra Pradesh government and Aditya Mittal at the World Economic Forum in 2018, the company shifted its focus to Andhra Pradesh. The proposal was followed up consistently, ultimately leading to the decision to set up the plant in Nakkapalli. The project is seen as a major milestone for the state’s industrial sector and is expected to boost economic growth. With its establishment, the AMNS plant is set to become the largest steel manufacturing facility in the country. The investment reflects the company’s confidence in the state's business environment and governance. News source: The Hindu

Next Story
Infrastructure Urban

Uttar Pradesh Opens First Bio-CNG Plant at Naini

In a major step towards sustainable waste management and environmental conservation, Uttar Pradesh inaugurated its first bio-CNG plant at Arail in Naini on Wednesday.On its opening day, the Prayagraj Municipal Corporation delivered approximately 20 tonnes of organic wet waste—mainly from kitchens and restaurants—for processing, officials said.Project head Himanshu Srivastava noted that in the coming weeks, the state’s first such plant will handle up to 100 tonnes of organic waste daily. All wet waste generated in Prayagraj will now be directed here, ensuring efficient processing and reso..

Next Story
Infrastructure Transport

Gujarat CM Reviews Rs 117 Billion Projects in Tourism and Infrastructure

Gujarat Chief Minister Bhupendra Patel reviewed 12 development projects worth Rs 117.35 billion, focusing on tourism, metro rail, and industrial infrastructure.The review included Rs 41.84 billion allocated to tourism initiatives such as the holistic development of Ambaji, restoration of the Mahakali Mata Temple in Pavagadh, mangrove and creek conservation along the coast, and transforming Mokarsagar in Porbandar into a tourism hub. Projects assessed also covered the Dwarka Corridor, enhancements of Shivrajpur and Somnath beaches, and new tourist facilities at Kantharpur Mahakali Vad and Dharo..

Next Story
Infrastructure Urban

Nimtala Ghat in Calcutta Set for Heritage Renovation and Beautification

Nimtala Ghat — one of Calcutta’s oldest ghats on the banks of the Hooghly River — will undergo renovation and beautification.Calcutta Port signed a memorandum of understanding (MoU) with city-based real estate group PS on Wednesday to carry out the project. The initiative includes repairing the steps of the ghat, which sees thousands of Durga idols immersed during Puja, relaying pathways, installing proper lighting, and landscaping the surrounding area, senior officials said.“A French company will oversee the plan to revamp the ghat while respecting its heritage,” said Saurav Dugar, ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?