5 years, 4 months ago

TSR urges Centre to allot captive mines to VSP

Rajya Sabha member and former Union Minister for Mines T. Subbarami Reddy on Wednesday urged the BJP-led NDA government to allot captive mines to Visakhapatnam Steel Plant. But unfortunately, captive iron ore mines have not been allotted to the plant as on today, forcing it to buy the raw material at a higher price from the NMDC,” he pointed out. Mr. Reddy further said that due to high cost, the steel plant was incurring losses. He urged Union Steel Minister Dharmendra Pradhan to allow the plant to procure iron ore mines from Odisha and Jharkhand immediately to prevent it from becoming a ‘sick unit’.

The Hindu

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