Another ₹8,097 Crore Boost for Vizag Steel Plant

Article by Kumar Published on: 8:19 am, 1 May 2026

The Centre is preparing an additional ₹8,097 crore financial assistance package for the Visakhapatnam Steel Plant to strengthen its operations. The proposal, cleared by Union Steel Minister Kumaraswamy, has been sent to the Finance Ministry for approval, aiming to ensure long-term stability and revival of production sector.

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