Vizag Steel Plant Faces Imminent Shutdown as Second Furnace Closes

[Naaperushiva]

Vizag Steel Plant Faces Imminent Shutdown as Second Furnace Closes

• VISAKHAPATNAM
•  
• Team Hello Vizag
•  
•  September 13th 2024
•  
•  15323

 

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The Rashtriya Ispat Nigam Limited-Visakhapatnam Steel Plant (RINL-VSP) is on the brink of a total production halt, marking a critical moment in its history since opening in 1982.

With two of its three blast furnaces already shut down, the plant is now running on its last furnace, "Krishna," which is operating on rapidly depleting coking coal reserves.

As of September 12, 2024, the second furnace, "Annapurna" (BF-3), was forced to close due to a severe shortage of raw materials, particularly coking coal. Earlier in March 2024, the plant had already shut down its "Godavari" (BF-1) furnace for the same reason.

 

The remaining coking coal stock is only expected to sustain the "Krishna" furnace for another five to six days.

Without fresh supplies of coal, the plant will have no choice but to halt production entirely an unprecedented event in the steel plant's 42-year history.

The slowdown in steel production is primarily due to a lack of funds and dwindling raw material supplies, signaling a dire situation for RINL-VSP unless urgent measures are taken to secure resources and restart operations.

 

 

Is privatization imminent?

[Android_Halwa]

9 minutes ago, Naaperushiva said:

Is privatization imminent?

Wish it happens faster….oka modern steel plant with huge potential ni PSU ane cage la petti red tape chutti mulaki padesinaru for the benefit of its 10k employees…

Rastriya Ispat…denninkani privatise chesthe south east asian steel market la idola mark avutadi

[Naaperushiva]

1 minute ago, Android_Halwa said:

Wish it happens faster….oka modern steel plant with huge potential ni PSU ane cage la petti red tape chutti mulaki padesinaru for the benefit of its 10k employees…

Rastriya Ispat…denninkani privatise chesthe south east asian steel market la idola mark avutadi

Not sure how the ppl in vizag are going to receive this baa...

Vishaka vukkua andhrula hakku ane sentiment vundhi even recent elections appudu koodu baane vinipinchindhigaa

[Sizzler]

People of Vizag trusted Alliance to stop the privatization of the Steel Plant. It would be a shame if they cannot stop this with their Governments at both Centre and State. 

[Crocodile_Tears]

29 minutes ago, Sizzler said:

People of Vizag trusted Alliance to stop the privatization of the Steel Plant. It would be a shame if they cannot stop this with their Governments at both Centre and State. 

Lol, shame? politician kodukulaki enduku shame vuntadi?

vallani support chese kukkalaki vundaale shame, inthaki neeku vundena, roudisum, loot, corruption chesina jaggadiki support chesinanduku?

[manadonga]

Coal shortage all over the world 

Vundi 

chudali hiw it goes 

[Android_Halwa]

3 hours ago, Naaperushiva said:

Not sure how the ppl in vizag are going to receive this baa...

Vishaka vukkua andhrula hakku ane sentiment vundhi even recent elections appudu koodu baane vinipinchindhigaa

People in vizag receive ? Did they invest ? Are they the share holders ? I mean, unnessarily political gains kosam issues own up chesukuntaru…serious ga alochinchandi…self respect ki steel company ki sambandham endi asalu…

Ukku hakku…poni idemanna historical sugnificance or ctural identity na ? Barely 40-50 years ola sub regional la oka steel factory, political gains kosam oka slogan…In reality, who cares cheppu ?

Look at the gain, Vizag steel could become a steel behemoth like Tata steel or JSW…kani ukku hakku anukuntu nakinchesinaru…it has the potential fo hire 3x more people and generate 3x more revenues, apudu bagupadedi Vizag ae..

[Chevilopuvvu]

Ukku hakku antivi kadara @11_MohanReddy

Yaada poyinavu

[anna_gari_maata]

4 hours ago, Android_Halwa said:

Wish it happens faster….oka modern steel plant with huge potential ni PSU ane cage la petti red tape chutti mulaki padesinaru for the benefit of its 10k employees…

Rastriya Ispat…denninkani privatise chesthe south east asian steel market la idola mark avutadi

If CBN does this will you appreciate? Just wondering

[anna_gari_maata]

3 hours ago, Sizzler said:

People of Vizag trusted Alliance to stop the privatization of the Steel Plant. It would be a shame if they cannot stop this with their Governments at both Centre and State. 

People trusted Jagan for Amaravati em chesadu chippa icchadu...appudu gurtu raleda shame?

[Subhash124]

Thudp ammesaru steel plant ni yellow media రాయరు రియల్ news 🗞️ 

[Teluguredu]

12 minutes ago, anna_gari_maata said:

People trusted Jagan for Amaravati em chesadu chippa icchadu...appudu gurtu raleda shame?

Jagan was always against amaravatahi lol,what do you even want to do in amaravathi man it's a real estate scandal.

[Subhash124]

13 minutes ago, anna_gari_maata said:

People trusted Jagan for Amaravati em chesadu chippa icchadu...appudu gurtu raleda shame?

Amaravati is dream chasing capital in that region development will take after 100 years . Vizag already developed area eedu visionary ga vizag development chestadu evadaina real-estate వ్యాపారం చేస్తున్నాడు edu 

[Sixers]

Garuda Puranam Sivaji mushti vedhava Ekkada sachchado ippudu. Ennenni kathalu chepparu ra appudu.

[Subhash124]

Just now, Sixers said:

Garuda Puranam Sivaji mushti vedhava Ekkada sachchado ippudu. Ennenni kathalu chepparu ra appudu.

Ah batch ippudu enduku vastaru musalodu power lo lekunda opp lo unte vastaru