Five long years after two Chief Ministers laid foundations for it with much hype, construction of the three-Million Tonnes Per Annum (MTPA) integrated steel plant in Kadapa district (Kadapa Steel Plant - KSP) is showing little signs of progress due to a host of issues, mainly related to the supply of iron ore and creation of external infrastructure and some extraneous factors too.
The present government is hopeful that the steel plant establishment will gather pace in the near future once JSW Steel Limited (JSWSL) achieves financial closures and finalises the type of steel-making technology that best suits the project.
Chief Minister Y. S. Jagan Mohan Reddy had laid the foundation for the steel plant for the first time on December 23, 2019, at Sunnapurallapalle village in Jammalamadugu mandal, just about a year after his predecessor did it in 2018 at a different location (Kambaladinne village of Mylavaram mandal). Mr. Jagan Mohan Reddy had laid the stone for it for the second time at Sunnapurallapalle in February 2023.
