విశాఖ స్టీల్​ ప్లాంట్​కు రూ. 11,440 కోట్లు - కేంద్రం అధికారిక ప్రకటన - video Dailymotion

విశాఖ స్టీల్​ ప్లాంట్​ కేంద్రం భారీ ప్యాకేజీ - ప్రకటన విడుదల చేసిన కేంద్రమంత్రి అశ్వినివైష్ణవ్​ - కృతజ్ఞతలు తెలిపిన చంద్రబాబు

Transcript

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.