(PTI)
The Andhra Pradesh government on Wednesday signed a memorandum of understanding with the National Mineral Development Corporation for supply of iron ore to the proposed integrated steel plant in Kadapa district. Chief Minister Y S Jagan Mohan Reddy is scheduled to lay the foundation-stone for the steel plant, at Sunnapurallapalli and Peddanandluru villages of Jammalamadugu mandal on December 23.
An extent of 3,295 acres of land has to be acquired in Jammalamadugu area of Kadapa district for the proposed plant. According to the Chief Minister, the proposed plant would be completed within three years and provide employment to about 20,000 persons. NMDC Director (Commercial) Alok Kumar Mehta and AP High-Grade Steel Limited CMD P Madhusudan signed the MoU in the presence of the Chief Minister, who termed it historic.
