VSP's EOI call for buying its steel, not the plant: BJP
1 year, 8 months ago

VSP's EOI call for buying its steel, not the plant: BJP

Deccan Chronicle  

HYDERABAD: The BJP on Tuesday dismissed the Telangana state government’s move to “acquire” the Visakhapatnam Steel Plant and “prevent its privatisation” calling the announcement, and the ongoing visit to the VSP by a team of officials from Singareni Collieries Company Limited a blatant lie. The BJP declared that the VSP was never for sale and all that the Rashtriya Ispat Nigam Limited, a public sector undertaking that owns the VSP, had called for was an expression of interest from anyone if they were interested in investing money in advance for buying 73 lakh tonnes of steel from VSP a year for the next five years, pay the money in advance. The expression of the intent document released by RINL makes it clear that the plant is not for sale, and that it wants an assured buyer for its steel,” BJP Telangana’s official spokesperson Kishore Poreddy told a news conference. “This whole effort is to divert the attention of the people from the fact that the BRS party lost its recognition in Andhra Pradesh, and did not get a national party status and is restricted to what it is, just another regional party,” N.V. Subhash, BJP spokesperson said.

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History of this topic

BSP stands strong with Visakhapatnam Steel Plant in its fight against privatisation, says MP Ramji Gautam
3 weeks, 1 day ago

BSP stands strong with Visakhapatnam Steel Plant in its fight against privatisation, says MP Ramji Gautam

The Hindu  

The Bahujan Samaj Party on Sunday expressed its solidarity with Visakhapatnam Steel Plant and its employees in the fight against privatisation, said BSP national co-ordinator and MP Ramji Gautam, while promising to spread awareness on the issue and raise the workers’ concerns in the Parliament. The BSP stands with you.” “The Bhartiya Janata Party, is disregarding the Constitution, promoting divisive …

Centre not making sincere efforts to revive Vizag steel plant, says CPI(M)
4 months, 3 weeks ago

Centre not making sincere efforts to revive Vizag steel plant, says CPI(M)

The Hindu  

The Communist Party of India- Marxist has made a renewed appeal to the Union government for allocation of captive mines to the Visakhapatnam Steel Plant. In a statement on Wednesday, CPI State secretary V. Srinivasa Rao said that the Bharatiya Janata Party -led National Democratic Alliance government at the Centre was not making any sincere efforts to keep its promise …

Vizag Steel Plant will remain in public sector: TD chief
5 months, 2 weeks ago

Vizag Steel Plant will remain in public sector: TD chief

Deccan Chronicle  

Visakhapatnam: The Visakhapatnam Steel Plant would remain in the public sector, state Telugu Desam president Palla Srinivasa Rao said here on Friday. Talking to Deccan Chronicle, on the crisis the steel plant was facing for the past seven years, Srinivasa Rao said the state government would not allow privatisation of the plant. We are proposing a `8,000 crore equity package …

Revoke decision on strategic sale of Visakhapatnam Steel Plant and allot captive mines, JAC urges Union government
5 months, 2 weeks ago

Revoke decision on strategic sale of Visakhapatnam Steel Plant and allot captive mines, JAC urges Union government

The Hindu  

The Trade Unions and People’s Organisations JAC of Visakhapatnam district has demanded that the Centre issue a statement revoking its decision on strategic sale of Visakhapatnam Steel Plant. The JAC leaders held a meeting at the CITU office here on Friday, and held discussions on what they called ‘deceitful measures being implemented by the BJP-led NDA government at the Centre …

RINL seeks modification of Andhra HC order on VSP asset disposal
5 months, 4 weeks ago

RINL seeks modification of Andhra HC order on VSP asset disposal

New Indian Express  

VIJAYAWADA: Rashtriya Ispat Nigam Ltd, management of Visakhapatnam Steel Plant, filed a supplementary petition in the Andhra Pradesh High Court on Tuesday seeking modification of the interim stay order to continue the status quo on VSP lands and other assets. He further submitted to the court that RINL purchased lands for the steel plant from APIIC and the housing board, …

TDP's Kinjarapu Ram Mohan gets Aviation, MoS Steel for Varma
6 months, 1 week ago

TDP's Kinjarapu Ram Mohan gets Aviation, MoS Steel for Varma

New Indian Express  

VIJAYAWADA: A day after three MPs from Andhra Pradesh were inducted into Prime Minister Narendra Modi’s Cabinet, as expected, three-time Srikakulam MP Kinjarapu Ram Mohan was allotted the Union Civil Aviation portfolio, while first-time Guntur MP Dr Pemmasani Chandra Sekhar was appointed as Minister of State for Rural Development and Communication. The decision to allocate the portfolios of MoS Heavy …

Nobody can stop VSP privatisation if NDA candidates win elections, says Jagan
7 months, 2 weeks ago

Nobody can stop VSP privatisation if NDA candidates win elections, says Jagan

The Hindu  

Making it clear that the YSRCP is against the privatisation of the Visakhapatnam Steel Plant, Andhra Pradesh Chief Minister Y.S. Addressing the gathering during his election campaign in favour of YSRCP nominees Gudivada Amarnath and Botcha Jhansi in Gajuwaka on May 7, Mr. Jagan Mohan Reddy said that victory of the alliance candidate would mean that people of this constituency …

Candidates at loggerheads over parties’ stand on Visakhapatnam Steel Plant
7 months, 2 weeks ago

Candidates at loggerheads over parties’ stand on Visakhapatnam Steel Plant

The Hindu  

Gajuwaka Assembly constituency candidates Gudivada Amarnath and Palla Srinivasa Rao are at loggerheads over BJP’s stand on Visakhapatnam Steel Plant privatisation. Addressing an election campaign meeting here on his Assembly segment manifesto with the cadre and also representatives from the steel plant, Mr. Amarnath said, “I am ready to withdraw from the contest and also pave the way for the …

It’s time TDP and BJP made their stand clear on privatisation of Vizag steel plant, says Jagan
8 months ago

It’s time TDP and BJP made their stand clear on privatisation of Vizag steel plant, says Jagan

The Hindu  

Reiterating that the YSR Congress Party has always opposed the privatisation of the Visakhapatnam Steel Plant, Andhra Pradesh Chief Minister Y.S. Narasinga Rao submitted a representation to Mr. Jagan Mohan Reddy on the plight of the steel plant and the prompt action need to be taken by the Union and the State governments. Addressing the VUPPC team, Mr. Jagan Mohan …

Naidu Promises to Protect Vizag Steel Plant
8 months, 1 week ago

Naidu Promises to Protect Vizag Steel Plant

Deccan Chronicle  

Visakhapatnam: Telugu Desam supremo N. Chandrababu Naidu said he will take the help of his alliance partners and protect the Visakhapatnam Steel Plant from privatisation. Addressing his Prajagalam meeting at Gajuwaka on Sunday evening, Naidu said it is the agitation by Telugu Desam, which put pressure on the central government to withdraw the proposals for privatising the VSP.“I myself addressed …

Pawan Kalyan Slams CM on Privatisation of VSP, Gangavaram Port
1 year, 4 months ago

Pawan Kalyan Slams CM on Privatisation of VSP, Gangavaram Port

Deccan Chronicle  

Visakhapatnam: Jana Sena leader Pawan Kalyan on Sunday slammed the YSRC government for not making serious efforts to save Visakhapatnam Steel Plant from privatisation or getting captive mines for its survival. Addressing a public meeting at the industrial town of Gajuwaka, Pawan Kalyan said the chief minister had 151 MLAs and 30 MPs and yet he was unable to pressurise …

Visakhapatnam Steel Plant disinvestment: Employees’ legitimate concerns will be addressed, says Centre
1 year, 4 months ago

Visakhapatnam Steel Plant disinvestment: Employees’ legitimate concerns will be addressed, says Centre

The Hindu  

The Union government has not given any commitment that the existing workforce in the Visakhapatnam Steel Plant will not be retrenched during the disinvestment process. The Union government says that the terms and conditions will be finalised at the time of transaction, and that the legitimate concerns of the employees will be suitably addressed. Replying to a question posed by …

RINL puts up Vizag land parcels, houses for sale
1 year, 6 months ago

RINL puts up Vizag land parcels, houses for sale

Deccan Chronicle  

VISAKHAPATNAM: Rashtriya Ispat Nigam Limited, the corporate entity of Visakhapatnam Steel Plant, has put up land parcels and houses for sale at three locations in Vizag. As per the RINL letter, 588 plots spread over 45 land parcels over an extent of 22 acres are available in HB Colony and the Maddilapalem area. When we are agitating to prevent privatisation …

BRS govt backtracked from VSP bidding due to poor financial condition of state: BJP
1 year, 8 months ago

BRS govt backtracked from VSP bidding due to poor financial condition of state: BJP

Deccan Chronicle  

Hyderabad: Telangana state BJP official spokesperson N.V. Subhash alleged that the BRS government had backtracked from filing the Expression of Interest for participating in the bidding of the Visakhapatnam Steel Plant after realising that the state’s finances are deteriorating. “KTR had said that the BRS showed interest to participate in the bid to prevent the industrialist from acquiring the steel …

Forget VSP, revive NSF, set up steel plant at Bayyaram: Kishan tells KCR
1 year, 8 months ago

Forget VSP, revive NSF, set up steel plant at Bayyaram: Kishan tells KCR

Deccan Chronicle  

HYDERABAD: Union tourism minister G. Kishan Reddy said that the BRS government had no moral right to comment on the divestment of the Visakhapatnam Steel Plant. Instead, Chief Minister K. Chandrashekar Rao would be doing a favour for the people of the state if the government took over the Nizam Sugar Factory, which he promised to do within 100 days …

Vizag Steel Plant workers protest privatisation move
1 year, 8 months ago

Vizag Steel Plant workers protest privatisation move

Hindustan Times  

Hyderabad Hundreds of employees of Visakhapatnam Steel Plant took out a foot march on Saturday, protesting against the Centre’s stubborn stand on privatisation. Hundreds of employees of Rashtriya Ispat Nigam Limited, also known as Visakhapatnam Steel Plant, on Saturday took out a padayatra protesting against the Centre’s stubborn stand on privatisation of the steel plant. Meanwhile, the RINL management on …

RINL extends deadline for bid as firms line up for EoI
1 year, 8 months ago

RINL extends deadline for bid as firms line up for EoI

Deccan Chronicle  

Visakhapatnam: Buoyed by a larger-than-anticipated response, the Rashtriya Ispat Nigam Limited — the corporate entity of Visakhapatnam Steel Plant — extended till April 20 the deadline for filing an expression of interest to fund the company in exchange for steel. So far, eight foreign companies — Europa Import and Export Ltd, Indo Inter trade, Indo international, I M R Metallurgy, …

RINL disinvestment under progress, says steel ministry
1 year, 8 months ago

RINL disinvestment under progress, says steel ministry

Deccan Chronicle  

Visakhapatnam: The disinvestment process of the Rashtriya Ispat Nigam Limited, the corporate entity of Visakhapatnam Steel Plant, has not been frozen, the Union ministry of steel clarified on Friday, a day after Union minister of state for steel Faggan Singh Kulaste had made conflicting statements about it. "After the Chief Minister intervened and decided to bid in the EOI, the …

Singareni Collieries Team Visits Vizag Steel Plant To Examine Possibility Of Bidding
1 year, 8 months ago

Singareni Collieries Team Visits Vizag Steel Plant To Examine Possibility Of Bidding

ABP News  

A delegation of Singareni Collieries Company Limited visited Visakhapatnam Steel Plant on Tuesday to study the feasibility of participating in the Expression of Interest for its acquisition. On Tuesday, Telangana Industries Minister K T Rama Rao said Chief Minister K. Chandrasekhar had sent a team of officials to the VSP in neighbouring Andhra Pradesh to study the possibility of bidding …

BJP says KTR lying on Bayyaram steel plant assurance
1 year, 8 months ago

BJP says KTR lying on Bayyaram steel plant assurance

Deccan Chronicle  

Hyderabad: The BJP said on Tuesday that IT minister K.T. Rama Rao was lying about an ‘assurance’ from the Centre that it would set up a steel plant at Bayyaram, and declared that there was no such guarantee in the AP Reorganisation Act. Senior BJP leader and Rajya Sabha member Dr K. Laxman told reporters that the bifurcation Act only …

BRS will protect steel plant: Chandrasekhar
1 year, 8 months ago

BRS will protect steel plant: Chandrasekhar

Deccan Chronicle  

VISAKHAPATNAM: Andhra Pradesh BRS president Thota Chandrasekhar said his party would protect the Visakhapatnam Steel Plant from privatisation by joining the local agitation. He said the party would support the relay hunger strike and will chalk out a future action plan to agitate along with them. He said BRS president and Telangana Chief Minister K. Chandrashekar Rao had become the …

BRS to fight against VSP's privatisation, says its AP chief
1 year, 8 months ago

BRS to fight against VSP's privatisation, says its AP chief

Deccan Chronicle  

Visakhapatnam: AP BRS chief Dr. Thota Chandrasekhar said his party will fight against the privatisation of Visakhapatnam Steel Plant. The AP BRS chief said the Modi government is planning to handover the shore-based steel plant to his friends Adani and Jindal on a platter. He charged that Rashtriya Ispat Nigam Limited, the holding company of Visakhapatnam Steel Plant, has been …

Modi conspiring to hand over VSP to his friends': KTR
1 year, 8 months ago

Modi conspiring to hand over VSP to his friends': KTR

Deccan Chronicle  

Hyderabad: BRS working president and IT minister K.T. Rama Rao on Sunday demanded the BJP-led government at the Centre to stop moves to privatise Vizag Steel Plant, which has assets worth Rs 1.5 lakh crore. He pointed out the 'evil plans' of the Narendra Modi government to hand over VSP to private players and the reasons for the steel plant …

10 bidders in fray for valuing Vizag Steel assets
2 years, 8 months ago

10 bidders in fray for valuing Vizag Steel assets

Deccan Chronicle  

Visakhapatnam: Privatisation of Vizag Steel Plant seems to be inevitable as the Centre is moving fast on preparing for disinvestment. The bidders include AAA Valuation Professionals LLP, ADROIT Appraisers and Research Pvt Ltd, Amit Kumar Kankane, Bhavin R Patel, CPA Valuation Advisors Pvt Ltd, GAA Advisory LLP, GTech Valuers Pvt Ltd, RBSA Valuation Advisors LLP, Resolute Valuers and Consultants Pvt …

Pawan Kalyan Asks YSRCP To Urge Centre To Reverse Decision On Vizag Steel Plant Privatisation
3 years ago

Pawan Kalyan Asks YSRCP To Urge Centre To Reverse Decision On Vizag Steel Plant Privatisation

ABP News  

Hyderabad: Jana Sena Party Chief Pawan Kalyan has asked the YSRCP to lead an all-party delegation to Delhi to persuade the Centre to reverse its decision to privatise the Vizag steel factory. Pawan slammed the YSRCP's "indifferent attitude" regarding the proposal to privatise the Visakhapatnam Steel Plant, reiterating his demand that the YSRCP government and its 22 party MPs take …

Visakhapatnam Steel Plant unions oppose Andhra Pradesh government's decision to sell its stake in Gangavaram port
3 years, 6 months ago

Visakhapatnam Steel Plant unions oppose Andhra Pradesh government's decision to sell its stake in Gangavaram port

The Hindu  

Jagan Mohan Reddy government in Andhra Pradesh has repeatedly urged the Narendra Modi government not to privatise the Rashtriya Ispat Nigam Ltd-Visakhapatnam Steel Plant, a Navaratna public sector enterprise and India’s only shore-based steel plant. During the first week of May, the Andhra Pradesh Cabinet declared its intention to offload its stake in Gangavaram Port Limited to APSEZ for around …

Assembly passes resolution against RINL privatisation
3 years, 7 months ago

Assembly passes resolution against RINL privatisation

The Hindu  

The State government on Thursday passed a resolution in the Legislative Assembly opposing the decision of Cabinet Committee on Economic Affairs to disinvest the entire stake of the Union government in Rashtriya Ispat Nigam Ltd. along with management control through privatisation, and seeking the Government of India’s support to the RINL for making a turnaround. It was mentioned in the …

‘VSP privatisation will lead to mass unemployment’
3 years, 9 months ago

‘VSP privatisation will lead to mass unemployment’

The Hindu  

Leaders of the AP NGOs’ Association on Friday said the protest against the Centre’s decision to privatise the Visakhapatnam Steel Plant would not stop till the move was dropped. The association members took out a in city under the leadership of their State president N. Chandrasekhar Reddy, general secretary Bandi Srinivasa Rao and Krishna district president A. Vidyasagar. Speaking to …

VSP privatisation only in consultation with stakeholders, says G.V.L. Narasimha Rao
3 years, 9 months ago

VSP privatisation only in consultation with stakeholders, says G.V.L. Narasimha Rao

The Hindu  

The move to privatise Visakhapatnam Steel Plant will be taken forward only in consultation will all its stakeholders, who included its employees, BJP Rajya Sabha member G.V.L. ‘VSP will benefit’ Reiterating Prime Minister Narendra Modi’s view that “the government has no business to do business,” Mr. Narasimha Rao said privatisation was for the benefit of the VSP. Taking a dig …

CPI (Maoist) supports stir against VSP privatisation
3 years, 9 months ago

CPI (Maoist) supports stir against VSP privatisation

The Hindu  

The banned CPI has extended its support to the people and workers agitating against the proposed strategic sale of the Visakhapatnam Steel Plant. In a letter released by Kailasam, spokesman of the CPI Andhra Odisha Border Special Zonal Committee, the party stated that VSP had been achieved after people made huge sacrifices. “The YSRCP government is trying to misguide the …

Congress calls for a united struggle to prevent sale of Vizag steel plant
3 years, 9 months ago

Congress calls for a united struggle to prevent sale of Vizag steel plant

The Hindu  

APCC president S. Sailajanath on Wednesday exhorted people to wage a united struggle to stop the Centre’s strategic sale of the Visakhapatnam Steel Plant, which he said was the pride of Andhra Pradesh. Addressing an all-party meeting chaired by APCC vice-president Sripathi Prakasm, he said it was time for all the parties to shed their political differences and come together …

Protests mount against disinvestment of Visakhapatnam Steel Plant
3 years, 10 months ago

Protests mount against disinvestment of Visakhapatnam Steel Plant

The Hindu  

With the Narendra Modi government determined to hurtle through with its intentions to disinvest in most of the 439 Central public sector undertakings, there appears, notwithstanding the apprehensions and protests in Andhra Pradesh, to be very little chance of the Navratna company, Rashtriya Ispat Nigam Limited-Visakhapatnam Steel Plant, escaping the disinvestment/privatisation bullet. The government has no right to sell it.” …

VRS for steel plant staff a ploy of Centre: CPI(M)
4 years, 1 month ago

VRS for steel plant staff a ploy of Centre: CPI(M)

The Hindu  

The announcement of a Voluntary Retirement Scheme for employees of Visakhapatnam Steel Plant is a ploy of the BJP government at the Centre to hand over the VSP to South Korea-based POSCO, the CPI alleged. Demanding immediate scrapping of the VRS proposal for the steel plant employees, CPI Greater Visakha City Committee secretary B. Ganga Rao sought that Chief Minister …

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