The Andhra Pradesh government has invited the India arm of South Korean steel giant Posco to set up a greenfield integrated steel plant at Krishnapatnam in Nellore district. The move assumes significance in the backdrop of growing resentment over the government’s disinvestment plans for Vizag Steel Plant (VSP). The state government is trying to divert the plant to Krishnapatnam to safeguard the interests of VSP and its workers, SteelMint gleans from media reports.
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