RINL union members meet Manmohan

Staff Reporter

‘VSP will face severe crisis unless captive iron ore mines are allotted to it’

VISAKHAPATNAM: A delegation of the Visakha Steel Workers Union (VSWU), the recognised union of the Visakhapatnam Steel Plant, on Tuesday met Prime Minister Manmohan Singh and Steel Minister Paswan in Delhi and urged them to grant captive iron ore mines.

Union president D. Adinarayana, general secretary N. Rama Rao and assistant general secretary V. Dhanaraju said Rashtriya Ispat Nigam Limited, the corporate entity of the Visakhapatnam Steel Plant would face severe crisis unless captive mines were allotted immediately.


The union leaders said for expanding VSP’s capacity to 16 million tonnes, need would be approximately 27 million tonnes of iron ore and 8.5 million tonnes of coking coal per annum.

“Our country unfortunately lacks coking coal of quality that is required, but we are thankful to you for Cabinet approval for formation of special purpose vehicle, a joint venture between Steel Authority of India Ltd, RINL, National Mineral Development Corporation, NTPC and Coal India Ltd, they told Mr. Paswan in a representation.

Thanking him for giving approval to formation of International Coal Venture Limited for acquisition of mines abroad, they said RINL should be given mining leases to source iron ore in Chattisgarh and Orissa and approval should be given for RINL and NMDC merger.

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