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Visakhapatnam Steel Plant

NTPC Simhadri Thermal Power Project

Visakhapatnam Port Trust

Vizagpatnam Chamber of Commerce & Industry

Sammakka-Sarakka jatara brings business for Anakapalli jaggery traders
Jaggery prices moves to Rs. 115 per kg

Security failure in Coramandal Fertilizers Factory
Rs.3.50 lakh worth of iron items looted

Bauxite mining issue gaining momentum again
Tribals launch seven days padayatra

Essar Steel acquires US Steel company
Estimated reserves of 1.4 billion tonnes of iron ore

ONGC Human Resources Meet begins at Visakhapatnam
Chairman stress importance of HR in business

Visakhapatnam, January 25, 2006

Alumina refinery and aluminimum smelter to come near Sabbavaram

Jindal South West Aluminium Limited (JSWAL) will located its Rs.9000 crores alumina refinery and aluminimum smelter near Sabbavaram in Visakhapatnam district. The State Government has agreed in principle to allot 4000 acres, half of it revenue land to JSWAL, Company Director (business development) Anumay Kumar told media on Wednesday. He said that during the first phase, the company will invest Rs.9000 crores on establishing the 1.4 million tone alumina refinery and 0.25 tonne aluminum smelter and in second phase, the capacity will be doubled.

He said that Memorandum of Understanding (MoU) with the Andhra Pradesh Government for the Greenfield project had been signed on July 1, 2005. As per the MoU, the project would be completed within three years of securing all clearances. Bauxite mining would be carried out by the Andhra Pradesh Mineral Development Corporation (APMDC) and will be sold to Jindal.

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