Sachin200 Posted February 4, 2021 Report Share Posted February 4, 2021 16 minutes ago, Ryzen_renoir said: Vizag steel plant lo chala mandhi ki vrs option isthunaru . I don't think Kadapa steel plant will be wholly owned by state government , it will be done under PPP model . Basic infra develop chesi , private vallaki istharu anukuntuna After 3 years of losses , in 2019 Vizag steel plant had some profits . Quote Link to comment Share on other sites More sharing options...
Ryzen_renoir Posted February 4, 2021 Report Share Posted February 4, 2021 Just now, Sachin200 said: After 3 years of losses , in 2019 Vizag steel plant had some profits . Losses antha corruption , atleast 3 to 5 k crores bokkestharu central government +IAS + management every year . Central govt plant ki captive mine undadhu kaani tata , JSW ki untadhi . Everything is deliberate . 2020 lo 55% pencharu steel , full profit undali with not much increase in input costs 2 Quote Link to comment Share on other sites More sharing options...
jalsa01 Posted February 4, 2021 Report Share Posted February 4, 2021 55 minutes ago, em_chicha said: If they want to lay off people because of acquisition , then govt. should give some assurance relocating them to different companies like Kadapa steel plant , there is one more steel plant coming in prakasam dist. If POSCO buys Vizag steel then that is welcome move, since POSCO is top notch in technology Edina Indian private company ki 51% share annadi peedite bavundedhi ... tech share iyyevi.. 1 Quote Link to comment Share on other sites More sharing options...
tom bhayya Posted February 4, 2021 Report Share Posted February 4, 2021 29 minutes ago, Ryzen_renoir said: Losses antha corruption , atleast 3 to 5 k crores bokkestharu central government +IAS + management every year . Central govt plant ki captive mine undadhu kaani tata , JSW ki untadhi . Everything is deliberate . 2020 lo 55% pencharu steel , full profit undali with not much increase in input costs Losses were intentional, avasaram lekunda chaala karchu petti baariga expand chesaaru. Losses started only after that. Quote Link to comment Share on other sites More sharing options...
Kontekurradu Posted February 4, 2021 Report Share Posted February 4, 2021 2 hours ago, Sachin200 said: After 3 years of losses , in 2019 Vizag steel plant had some profits . JAI JAGUN Anna vachakane profits vacbhayi ani direct ga cheppu Quote Link to comment Share on other sites More sharing options...
NiranjanGaaru Posted February 4, 2021 Report Share Posted February 4, 2021 POSCO kaithe ok But why to sell it, if u can turn it into profits Quote Link to comment Share on other sites More sharing options...
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