Chief Minister N. Kiran Kumar Reddy on Tuesday cleared the file pertaining to allotment of iron ore mines in Khammam, Warangal and Karimnagar to Rashtriya Ispat Nigam Limited, according to INTUC national president G. Sanjeeva Reddy.
He told reporters here that the allotment would be made as a joint venture with AP Mineral Development Corporation (APMDC).
The allotment letter would be issued soon he said and hoped that this would help RINL in cutting down its production cost.
When contacted, RINL officials said they had not yet received any official information about the allotment.
Sources said for issuing a GO, clearance from the Centre is required. The Bayaram mines, which were earlier allotted to Rakshana Steels, would now be allotted to RINL and AMPDC, said Visakha Steel Employees’ Congress general secretary Mantri Rajasekhar.