The Government of Andhra Pradesh issued an order on Wednesday allocating a captive port at D.L Puram in Anakapalli district, with 2.90-km-long waterfront located beyond the three nautical miles buffer zone stipulated in the NAOB (Naval Alternative Operations Base - Rambilli port) notification, to ArcelorMittal Nippon Steel India Limited (AMNS), subject to obtaining requisite clearance from the Ministries of Defence, Home Affairs and Shipping, and other statutory agencies, for the establishment of a 17.80-MTPA integrated steel plant.
It was stated in the G.O. issued by Secretary (Industries & Commerce - Ports) N. Yuvaraj that AMNS had submitted a proposal for the establishment of a port-based integrated steel plant at Rajayyapeta in Anakapalli district.
The first phase of the steel plant was planned for 7.30 MTPA followed by 10.5 MTPA, ultimately reaching 20-24 MTPA, depending on the allocation of contiguous land, water, electricity, road and waterfront for housing a captive port coterminous and co-existing with the steel plant.
The AMNS said, as relative domestic / international prices of raw material, including coal, coke, iron ore, iron ore pellets, iron ore concentrate, dolomite and fluxes, keep fluctuating, it was necessary to have the advantage of economies of scale through navigational route and port facility.
Accordingly, the Government of Andhra Pradesh extended incentives and facilitations to AMNS for setting up the steel plant, subject to the company adhering to definite timelines for implementation of the project and investment and employment commitment as per the detailed project report.
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