Home / Economy / Bayyaram Has 18 Million Tonnes Of Ore Worth 16 Lakh Crore

Bayyaram Has 18 Million Tonnes Of Ore Worth 16 Lakh Crore

khammamSerious efforts are being made by the Telangana Government to set up a steel plant in Khammam district and a team from the Steel Authority of India Limited visited Bayyaram, Paloncha and Kothagudem mandals on the it’s request recently.

As per Govt. sources, SAIL team inspected iron ore availability in the district and the feasible place to set up the steel plant. The team inspected three places Velamanuru, in Paloncha mandal, Kunaram, in Kothagudem mandal and Bayyaram for the project site. 

Mr Venkat Reddy an official in the mining department said that “There is every possibility to set up a steel plant by SAIL in the district. Team of SAIL that visited the district responded positively to it.” Bayyaram has several advantages on its side. Coal – an important raw material for steel production is available at Illendu, which is just 24 Km away. Dolomite – another important raw material is available at Madharam, located at about 15 Km from Bayyaram. Water necessary for the steel plant can be drawn from Pakhala lake or Otteru and Alugeru streams located nearby. While a modern integrated Steel Plant can have a captive power plant, any extra power requirement also can be met by the KTPS power plant in Palvancha located about 75 Km from Bayyaram.

The iron ore mines are spread over 5,342 hectares in Bayyaram, Garla, Paloncha and Kothagudem mandals. The Indian Bureau of Mines has estimated the value of ore at INR 16 lakh crore. According to preliminary reports, some 18 million tonnes of iron ore would be available in these three mandals. SAIL reportedly asked the Telangana Government 750 MW Power and 1.5 TMC of water to run the plant.

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