With the gradual unlocking of economic activity in the country, the production was stepped up by reverting to 3 Blast Furnaces operations.
It is the highest ever cargo transfer for the Gangavaram port since its inception.
The plant which achieved Rs 1,253 crore operational profit last financial year, has earned an operational profit of around Rs 750 crore till now.
Tata Steel CEO’s statement that the company is interested in acquiring RINL, drew sharp criticism from the Visakha Ukku Parirakshana Porata Committee, which is spearheading the agitation.
This comes at a time when employees of the steel plant were on a two-day dharna in Delhi
‘CCEA gave in-principle nod to 100% disinvestment of govt stake in VSP after discussions’
TDP supremo N Chandrababu Naidu also assured that the party's elected representatives would readily resign from their posts to show support to the steel plant workers.
The Chief Minister explained to the Union Minister what the VSP means for people of Andhra Pradesh.
RINL’s air separation plant has five units of oxygen extraction plants for its 7.3 mtpa steel plant.