RINL faces mounting financial strain amid weak steel market

Rashtriya Ispat Nigam Limited (RINL), the corporate entity of the Visakhapatnam Steel Plant (VSP), is facing mounting financial pressure as weak steel prices, sluggish demand, and dwindling cash reserves erode … Read More

Botcha opposes beach shacks, seeks probe into VSP accidents

YSR Congress Party (YSRCP) MLC Botcha Satyanarayana on Saturday criticised the government’s decision to permit beach shacks in Visakhapatnam, alleging that the move promotes liquor consumption under the guise of … Read More

Jagan demands ₹1 crore ex-gratia, slams NDA over VSP crisis

YSRCP president and former Chief Minister Y. S. Jagan Mohan Reddy on Wednesday accused the NDA government of failing to resist privatisation pressures on the Visakhapatnam Steel Plant (VSP) and … Read More

Jagan Demands ₹1 Crore Compensation for Vizag Steel Plant Victims

Former chief minister Y S Jagan Mohan Reddy on Wednesday demanded ₹1 crore compensation each for the families of those killed in the Visakhapatnam Steel Plant accident, and also sought … Read More

VSP Blast Triggers Probe as Experts Flag Technical Flaws, Cost Cuts

An official inquiry has been launched into the explosion at the Visakhapatnam Steel Plant on Monday that killed eight workers, as questions grow over possible equipment failure and lapses in … Read More