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The steel plant will be established in Sunnapurallapalle and Peddadandluru areas of Jammalamadugu mandal. JSW plans to invest a total of Rs 16,350 crore in two phases.

The deceased has been identified as Ambadas, a resident of Kurubarahalli and hailing from Kalaburagi.

The expanded capacity is expected to drive higher volumes and improve capacity utilisation, supporting revenue growth while delivering operating leverage benefits.

He stated that during his Davos visit in 2022, he had held discussions with Aditya Mittal and reached a preliminary understanding on setting up a steel plant in AP.

The plant will be connected to National Highway 16, where a four-lane expansion is underway.

Referring to the Visakhapatnam Steel Plant, the union minister said the Central government has sanctioned Rs 11,500 crore for its development.