Now Reading: APMDC, JSW fast-track Prakasam iron ore project after pollution clearance
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APMDC, JSW fast-track Prakasam iron ore project after pollution clearance
APMDC, JSW fast-track Prakasam iron ore project after pollution clearance
The Andhra Pradesh Mineral Development Corporation and AP JSW Steel have begun steps to develop an iron ore project at Konijedu and Marlapadu in Prakasam district after the AP Pollution Control Board…
The Story in Brief
The Andhra Pradesh Mineral Development Corporation and AP JSW Steel have begun steps to develop an iron ore project at Konijedu and Marlapadu in Prakasam district after the AP Pollution Control Board issued its Consent to Establish. The joint venture plans a beneficiation plant costing Rs 1,231.20 crore, with capacity to process about 5 million tonnes of run-of-mine ore annually and produce 1.35 million tonnes of concentrate. JSW Steel holds an 89% stake.
The Hindu reports that earlier data indicated around 60 million tonnes of reserves, while detailed exploration continues. The project has permission to draw 0.2789 tmc ft of water from the Gundlakamma reservoir. Consent to Operate is expected by the end of 2026, and operations are projected to begin in early 2028. A green belt must cover 33% of the plant area.
The Indian Opinion
Claims that pollution clearance means mining can begin immediately overlook the pending Consent to Operate, land classification and survey work. But treating the reported 60 million tonnes as a confirmed mineable reserve would also be premature while exploration continues. The practical test is whether the project secures operating approval, protects its water allocation and delivers the mandated 33% green belt before 2028.
Source: thehindu.com
This story was synthesised by AI from the source linked above.
