విశాఖ స్టీల్ ప్లాంట్ కేంద్రం భారీ ప్యాకేజీ - ప్రకటన విడుదల చేసిన కేంద్రమంత్రి అశ్వినివైష్ణవ్ - కృతజ్ఞతలు తెలిపిన చంద్రబాబు
Category
🗞
NewsTranscript
00:00PM Shri Narendra Modi has approved a package of Rs.11,440 crore for the revival of RINL
00:15in the CCEA of the Cabinet yesterday.
00:19This is a very big revival package.
00:22RINL is a very important company in the steel sector of the country.
00:27It is based in Andhra Pradesh.
00:31Its uniqueness is that it is a port-based steel plant.
00:36To solve the historical problems,
00:40a package of Rs.11,440 crore has been made for fresh equity infusion and working capital as preferred share capital.
00:51This will immediately improve the functioning of RINL.
00:56In the beginning, the work will start with two blast furnaces.
01:01By August, the functioning will be completed with three blast furnaces.
01:06RINL's raw material tie-up is also in progress.
01:10There is a tie-up with NMDC.
01:12In addition, RINL's subsidiary companies are also taking care of the security of raw material.
01:19Overall, the self-reliant vision of the Prime Minister of India will have an important role.
01:29RINL will play an important role in increasing the demand for steel in India.
01:35I would like to thank all the employees of RINL and all the people involved in its economic activities.
01:44I would also like to thank the Prime Minister for approving such a huge package.