‘Brahmani Steels’ was one of the dream projects for former late CM YS Rajasekhara Reddy. It is owned by former leader of Bharatiya Janata Party and former minister Gali Janardhan Reddy.
The foundation stone for Brahmani Steels was laid by late YSR at Chitimiti Chintala (Jammalamadugu) Thanda in Kadapa district in 2007. Not stopping there, Mr Reddy allocated 10,760 acres of land to Gali for 20-000 Cr captive steel plant.
Not just Kadapa, but entire Rayalaseema was expected to see revolutionary changes with this project. Later in Kiran Kumar Reddy’s tenure, the MoU for setting up of Brahmani Steels in Kadapa was scrapped and government decided to take back the land allocated to firm.
Freshly, a speculation is rife that there is a minor movement in Brahmani Steels plant work. Also, given that Jagan assured to lay foundation state for a steel plant in first six months after coming to power in Kadapa. At this juncture, a foreign firm named IMR is showing high interest to takeover Brahmani Steels.
A delegation from IMR, has on Wednesday, paid a visit to the construction of Brahmani Steels plant. They also visited a guest house with 140 rooms, unfinished buildings, Blast Furnace, Welding Shed, Powerplant, Sub Station and Reservoir Central Plant for water storage. Jammalamadugu MLA Mule Sudheer Reddy has briefed them regarding land details, road, rail connectivity and water allocation.
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