: The Telangana government today constituted a committee to study the feasibility of setting up an integrated steel plant in Bayyaram in the state.
"The state government is committed to establish the steel factory at Bayyaram and will extend necessary support in this regard," Minister for Industries, IT, Mines and Geology K T Rama Rao said after attending a high-level meeting here along with Energy Minister G Jagadeeshwar Reddy.
As per the Andhra Pradesh State Reorganisation Act, 2014, the Centre shall take all necessary measures for establishment of an integrated steel plant in the state, the Minister said.
However, in the past four years the Centre has not taken any decision on the issue, he added.
Even if the Central government does not come forward to set up the plant, the Telangana government will go ahead and do so, Rao said.
The Committe consists of officials from various departments including industry, energy and mines, Telangana State Mineral Development Corporation and Singareni Collieriesand would submit a report to the government within a month, an official release said.
The panel will study availability of land, water, coal, electricity and submit a detailed report and government will proceed further based on its report, it added.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
