RINL possesses very high technical capability: Pradhan

Visakhapatnam: The Union Minister of Petroleum and Natural Gas Dharmendra Pradhan visited RINL-Visakhapatnam on November 9. He was accompanied by the top management of RINL led by RINL’s Chairman and Managing Director (CMD) PK Rath.
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He visited the Model Room, Blast Furnace-3, Steel Melt Shop-2, Wire Rod Mill etc.

On the occasion, Visakhapatnam’s Member of Parliament (MP) MVV Satyanarayana, Anakapalli’s MP Dr Satyavathi, Gajuwaka’s MLA T Nagireddy, Ex. MP Dr Haribabu and other dignitaries were present.

During his visit to RINL, Pradhan addressed the senior officers of the plant. Speaking on the occasion, he said that RINL has high technical capability and its employees’ potential has already been recognised by the Ministry of Steel. Regarding raw material security, Pradhan said that RINL has been aspiring for captive iron ore mines to face the competition and to reduce the cost of production. He said that he is sincerely pursuing the matter with the Odisha government regarding the operationalisation of iron ore mines of Orissa Mineral Development Company (OMDC). He is also trying to supply raw material at a special price to RINL from OMDC, with this RINL would be benefited, the minister stated amid thunderous applause from the audience. He said that RINL should go for joint ventures to face competition, wealth creation and provide more value and increase economic activity in this region.

Pradhan further said that the states of Andhra Pradesh, Odisha, Jharkhand and Chattisgarh are mineral-rich and have great potential for development. On his visit to RINL, Pradhan observed that with an increase in economic activity, there will be more employment opportunities, generation of more revenues to local and union government.

Earlier, RINL’s CMD, in his welcome address, said that the Steel Minister’s visit has given great inspiration to the entire RINL collective and explained about the expansion, modernisation and completion of Kaniti Balancing Reservoir-2, Central Dispatch Yard and Twin Ladle Heating Furnace, which is considered as completion of 7.3 MTPA expansion of the plant.