The Andhra Pradesh government has issued orders allotting 860 acre of land to Jindal Steel & Power for setting up 2.25 million tpa integrated steel plant.
The project will entail an investment of Rs 7,500 crore.
The proposed plant at Thamminapatnam in SPSR Nellore district is expected to create employment to 2,500 people directly and 15,000 indirectly.
The government, after careful examination of the matter, accorded permission to the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) for allotment of land to an extent of 860 acre at Thamminapatnam and Momidi village of Chilakur mandal of SPSR Nellore district to Jindal Steel Andhra, as per the rates fixed by APIIC for establishing an integrated steel plant with a condition that R&R charges, if any, will be borne by Jindal Steel Andhra as agreed by them.
The OP Jindal Group has presence in steel, power, mining and infrastructure sectors with a total steel production of 11.6 million tpa and has expertise in running integrated steel plants in Odisha, Chhattisgarh, and Jharkhand.
