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Steel major JSW Steel will set up a steel factory in YSR Kadapa district in Andhra Prdesh with an investment of ₹8,800 crore. Adani Green Energy Projects will set up a unit in Vizianagaram and Alluri Sitarama Raju district with an investment of ₹6,330 crore.
The Andhra Pradesh State Investment and Promotion Board (SIPB), which met at Tadepalli (Andhra Pradesh) on Monday, has approved two proposals along with other proposals with an aggregate investment of Rs 23,985 crore.
Steel major JSW Steel will set up a steel factory in YSR Kadapa district in Andhra Prdesh with an investment of ₹8,800 crore. Adani Green Energy Projects will set up a unit in Vizianagaram and Alluri Sitarama Raju district with an investment of ₹6,330 crore.
The JSW Steel factory project will be taken up in two phases with an annual production capacity of 3 million tonnes.
Source : https://www.thehindubusinessline.com/companies/jsw-steel-to-set-up-8800-cr-factory-in-ap/article66254596.ece