Vizag Steel Plant workers protest privatisation move
Hindustan TimesHyderabad 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 Saturday announced extension of date for submitting bids for Expression of Interest in providing working capital for the steel plant or supplying raw material like coking coal and iron ore till April 20. The Telangana government, which announced its intention to take part in the bidding for supplying raw material to the Vizag steel plant through state-run Singareni Collieries Company Ltd or through Telangana State Mineral Development Corporation, did not submit its bid. A team of officials from Singareni even visited the Vizag Steel Plant on Wednesday and Thursday and held discussions with the RINL management and also trade unions to study the feasibility of bidding for the raw material supply.