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POSCO steel plant to Nellore ?


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Posted

Is that the latest news ?

That’s the best place to set up such a massive industry. Good location and business friendly far away from petty politics.

Nellore people have always been good at business. 
 

Manchi business environment, manchi relations and pro-capitalistic people.

Posted

Reliance Power UMPP coal plant 2010 lo tender gelichindhi , afterwards land acquisition for over 2000 acres was done and boundary wall was built . 

R power backed out of the project citing rising coal prices and the land is stuck in a legal battle over the penalty that Rpower needs to pay  due to breaking of contract . 

This prime land of over 2000 acres is less than 5 km to the port lying unused Screenshot-20210218-113527-01.jpg

 

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