Published On:July 1 2014
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SAIL team visits 3 sites in Telangana for possible steel plant project.
Deccan Chronicle reported that serious efforts are being made by the Telangana Government to set up a steel plant in Khammam district and a team from the Steel Authority of India Limited visited Bayyaram, Paloncha and Kothagudem mandals on the request of the state government recently.
As per the report, SAIL team inspected iron ore availability in the district and the feasible place to set up the steel plant. The team inspected three places Velamanuru, in Paloncha mandal, Kunaram, in Kothagudem mandal and Bayyaram for the project site.
Mr Venkat Reddy an official in the mining department said that 'There is every possibility to set up a steel plant by SAIL in the district. Team of SAIL that visited the district responded positively to it.'
The iron ore mines are spread over 5,342 hectares in Bayyaram, Garla, Paloncha and Kothagudem mandals. The Indian Bureau of Mines has estimated the value of ore at INR 16 lakh crore. According to preliminary reports, some 18 million tonnes of iron ore would be available in these three mandals.
The report added that the proposed plant also requires 750 MW Power and 1.5 tmc of water to run the plant.
STEELGURU