Company type | Privately held company |
---|---|
Industry | Steel |
Headquarters | , India |
Key people | Obulapuram Mining Company, G. Janardhana Reddy (Promoters) |
Bramhani Industries Limited also known as Brahmani Steels and Bramhani Steels is an Indian iron and steel company promoted by
Obulapuram Mining Company and
G. Janardhana Reddy.
[1] The company is building a 1.7 metric tonnes per annum steel plant in
Kadapa district of
Andhra Pradesh.
[2] The company has announced plans to source state of the art steel equipment from China.
[3] The company has also proposed to build a 6 million metric ton steel plant in
Bellary.
[4]
JSW steel is said to be in talks for partial ownership of OMC.
[5]
Bramhani steels and
Obulapuram are linked to
illegal mining of Iron ore in Karnataka[
citation needed].
Brahmani steels is reportedly in profit before producing any steel, owing to iron-ore sales from captive mines allotted by the Andhra Pradesh Government. [6] Former Andhra Pradesh Chief minister Y. S. Rajasekhara Reddy allotted 10,670 acres (43.2 km2) of land to Brahmani steels at a rate of Rs 18,500 per acre in Kadapa. [7] There is also an ongoing controversy in the allotment of water to Brahmani Steels in Kadapa at the expense of Rayalaseema Thermal Power Project (RTPS). [8] Y. S. Jagan Mohan Reddy, the son of Y. S. Rajasekhara Reddy and the claimant of his political legacy, is reported to have a business interest in Brahmani. [9]
Company type | Privately held company |
---|---|
Industry | Steel |
Headquarters | , India |
Key people | Obulapuram Mining Company, G. Janardhana Reddy (Promoters) |
Bramhani Industries Limited also known as Brahmani Steels and Bramhani Steels is an Indian iron and steel company promoted by
Obulapuram Mining Company and
G. Janardhana Reddy.
[1] The company is building a 1.7 metric tonnes per annum steel plant in
Kadapa district of
Andhra Pradesh.
[2] The company has announced plans to source state of the art steel equipment from China.
[3] The company has also proposed to build a 6 million metric ton steel plant in
Bellary.
[4]
JSW steel is said to be in talks for partial ownership of OMC.
[5]
Bramhani steels and
Obulapuram are linked to
illegal mining of Iron ore in Karnataka[
citation needed].
Brahmani steels is reportedly in profit before producing any steel, owing to iron-ore sales from captive mines allotted by the Andhra Pradesh Government. [6] Former Andhra Pradesh Chief minister Y. S. Rajasekhara Reddy allotted 10,670 acres (43.2 km2) of land to Brahmani steels at a rate of Rs 18,500 per acre in Kadapa. [7] There is also an ongoing controversy in the allotment of water to Brahmani Steels in Kadapa at the expense of Rayalaseema Thermal Power Project (RTPS). [8] Y. S. Jagan Mohan Reddy, the son of Y. S. Rajasekhara Reddy and the claimant of his political legacy, is reported to have a business interest in Brahmani. [9]