PM Modi In Telangana: Lays foundation stone for a number of development initiatives totaling more than Rs 9,500 crore.
PM Modi on Saturday dedicated around 9,500 crores worth projects to the state of telangana
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Prime Minister Narendra Modi dedicated the Ramagundam Fertilizers and Chemicals Limited (RFCL) plant and the Bhadrachalam Road- Sattupalli rail connection in Telangana’s Peddapalli district to the country on Saturday, the second day of his two-day visit to the southern states.
Earlier on August 7, 2016, the Prime Minister laid the groundwork for the Ramagundam Project. The Prime Minister’s objective of achieving urea self-sufficiency is the motivating force behind the Fertilizer Plant’s resurrection. The Ramagundam Plant will produce 12.7 LMT of indigenous neem-coated urea per year.
Ramagundam Fertilizers and Chemicals Limited (RFCL), a joint venture company of National Fertilizers Limited (NFL), Engineers India Ltd (EIL), and Fertilizer Corporation of India Limited, is in charge of the project (FCIL). With an investment of about Rs. 6300 crores, RFCL was entrusted with the responsibility of establishing the New Ammonia-Urea Plant. The Jagdishpur-Pulpur-Haldia Pipeline will supply gas to the RFCL Plant.
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During his speech, PM Modi stated, “The Rs 10000 Crores in development projects will strengthen Telangana’s agriculture and economic climate.” Despite the continuing global crisis, global analysts agree that India is on its way to becoming the world’s third largest economy.”
Alongside the occasion, PM Modi also dedicated to the country the Bhadrachalam Road-Sattupalli train line, which cost roughly Rs 1000 crore to build.
During the ceremony, Prime Minister Narendra Modi also lay the foundation stone for several road projects costing over Rs 2200 crores, including the Medak-Siddipet-Elkathurthy portion of NH-765DG, the Bodhan-Basar-Bhainsa section of NH-161BB, and the Sironcha to Mahadevpur section of NH-353C.
