Govt. will set up Kadapa steel plant on its own: Mekapati

He denies reports of signing MoU with U.K.-based Liberty Steel

While acknowledging the fact that the U.K.-based Liberty Steel has not been financially sound, Minister for Industries Mekapati Goutham Reddy has denied reports that the Andhra Pradesh Government has tied up with it for the establishment of the 3 MTPA integrated steel plant in Kadapa district. Addressing the media after holding a review meeting on industrial promotion on Wednesday, Mr. Goutham Reddy said the government had talks with Liberty Steel, but did not sign any MoU with it as was widely reported. He asserted that the State government would take up the responsibility of setting up the steel plant on its own, for which various plans were being discussed.