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2021

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which state government decided to select Essar Steel Limited as the joint venture partner for setting up a three million tonne per annum capacity steel plant in the Kadapa district?

A	Andhra Pradesh
B	Telangana
C	Bihar
D	Kerala

Explanation:

Detailed explanation-1: -AP Government has now selected Essar Steel as the joint venture (JV) partner for setting up a three million TPA capacity steel plant in YSR District (formerly known as Kadapa District) in the Rayalaseema region of Andhra Pradesh.

Detailed explanation-2: -The Competition Commission of India (CCI) approved the acquisition of the assets of Essar Group by ArcelorMittal Nippon Steel India Limited.

Detailed explanation-3: -Founder. Shashi Ruia, a first-generation entrepreneur industrialist, has made invaluable contributions to the core industrial and infrastructure sectors in India and has steered Essar to a prominent position in the global industry.

Detailed explanation-4: -1976 - Essar Gujarat Limited was incorporated in 1976 as Essar Construction Limited. The Company undertook specialised marine construction activity, offshore installations, drilling for oil and gas and manufacture of hot briquetted sponge iron.

There is 1 question to complete.