Mr YS Rajasekhara Reddy chief minister of Andhra Pradesh visited the sites of Brahmani Steels and reviewed the project works with officials and the factory management and went round the photo exhibition on its progress.
He has asked the management of Brahmani Steels to furnish the details pertaining to the progress of steel factory to the media periodically.
Mr G Janardhan Reddy CMD of Brahmani Steels has clarified that they did not approach any bank for loan and there was no dearth of funds to execute the project. He said “We are using the revenue generated by Obulapuram Mines and investing INR 1,050 crore in the project.”
Answering a query on provision of employment to the local youth, Mr Janardhan said that priority would be given to engineering graduates and diploma holders in recruitment. He promised to provide employment to 165 families of Chintala Thanda in Jammalamadugu mandal.
Gali Janardhan Reddy 