India: Andhra Pradesh Govt Signs MoU for Iron Ore Supply to Kadapa Steel Plant

A Memorandum of Understanding was signed yesterday at Vijayawada, Andhra Pradesh between NMDC and Government of Andhra Pradesh for supply of Iron Ore for the proposed Integrated Steel Plant in YSR Kadapa District, Andhra Pradesh.

This Memorandum of Understanding is entered between M/s NMDC Limited represented by Shri Alok Kumar Mehta, Director (Commercial) and the Government of Andhra Pradesh, represented by Shri P. Madhusudan, CMD, A.P. High Grade Steels Limited.

Government of Andhra Pradesh is establishing an Integrated Steel Plant in the YSR KADAPA DISTRICT and NMDC has agreed to provide iron ore linkage for supply of 5 Million Tons of Iron ore per annum in the First Phase to the proposed Integrated Steel Plant from its mines.

Gracing the occasion, Chief Minister Y S Jagan Mohan Reddy welcomed NMDC and congratulated NMDC for its committed supply of iron ore to the steel plant.

Shri Alok Kumar Mehta, Director (Commercial) said NMDC will strive to meet the increased demand of iron ore for the steel makers and provide the best quality raw material for the High Grade Steel Plant in Andhra Pradesh.