AP Choudhary, Chairman and Managing Director of Rashtriya Ispat Nigam (RINL) said the firm would enter into an agreement with the AP Mineral Development Corporation (APMDC) to set up an iron ore and steel plant at Bayyaram in Khammam. He informed reporters that the firm almost completed formalities with regard to the agreement. Meanwhile, Kudremukh Iron Ore Company (KIOCL) would invest about Rs 1,000 to Rs 1,500 crore to set up beneficiation and pellitization plants of 1.2 million tonne per annu
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Kothagudem plant production
The unit-11 of Kothagudem Thermal Power Project started commercial production. With this 500 MW unit, the thermal power capacity of APGENCO has crossed 5,000 MW.
AP power project grounded
Nava Bharat Ventures has decided to put on hold the proposed 150 MW thermal plant at Dharmavaram due to delays in environmental clearance.
REC to launch 3 SPVs
REC Transmission Projects Company (RECTPCL)—Bid Process Coordinator (BPC) for three transmission projects—will incorporate three Special Purpose Vehicles (SPVs).