Vijayawada, Nov. 1 -- Andhra Pradesh has achieved another major milestone in its industrial growth story with the Ministry of Environment, Forest and Climate Change (MoEF) recommending environmental clearance for ArcelorMittal Nippon Steel's (AM/NS) 8.2 million tonnes per annum (MTPA) steel plant at Anakapalli.
The project, backed by an overall investment commitment of Rs 1.5 lakh crore, represents India's largest greenfield steel manufacturing initiative to date.
An official release here on Saturday said that the AM/NS plant will be developed over multiple phases, with the first phase targeting an 8.2 MTPA integrated steel capacity and the ultimate expansion planned to reach 24 MTPA. The facility will employ advanced, energy-efficient, a...