AP Govt. signs MoU for Kadapa steel Plant

The much touted and awaited project was a promise made during the bifurcation of combined Andhra Pradesh in 2014

The Government of Andhra Pradesh has entered into a Memorandum of Understanding (MoU) with the National Mineral Development Corporation (NMDC) here on Wednesday for supplying iron ore to the proposed Kadapa Steel Plant.

Chief Minister Y S Jagan Mohan Reddy is scheduled to lay the foundation-stone for the steel plant, at Sunnapurallapalli and Peddanandluru villages of Jammalamadugu mandal on December 23.

An extent of 3,295 acres of land has to be acquired in Jammalamadugu area of Kadapa district for the proposed plant.