<p>The Andhra Pradesh government on Thursday cancelled the allotment of 10,760 acres to Brahmani Industries owned by tainted former Karnataka minister Gali Janardhana Reddy following directions by Chief Minister N Kiran Kumar Reddy.<br /><br /></p>.<p>According to a statement from the chief minister’s office, 10,760 acres of government land in Vemaguntapalli, Kothaguntapalli, P Bommepalli and Thugutlapalli villages of Jammalamadugu mandal in Kadapa district were allotted to Brahmani Industries for setting up an integrated steel plant of 2 million tonnes per annum capacity and a full production capacity plant of 10 million tonnes per annum capacity by 2017. <br /><br />The allotment was cancelled after the company failed to establish the project. The company had assured direct employment to 10,000 people and indirect employment to at least 1 lakh people.<br /><br />The decision to allocate land to Brahmani was taken by the cabinet led by then chief minister Y S Rajasekhara Reddy on June 6, 2007.<br /><br />According to the memorandum of understanding (MoU) signed by the state Industries and Commerce Department and Brahmani Industries, the first phase of the steel plant with a production capacity of 2 million tonnes of steel was to be set up by 2009.<br /><br /> As the Company failed to fulfill its commitment to establish the project as per the MoU, the agreement was terminated and allotment was cancelled.</p>
<p>The Andhra Pradesh government on Thursday cancelled the allotment of 10,760 acres to Brahmani Industries owned by tainted former Karnataka minister Gali Janardhana Reddy following directions by Chief Minister N Kiran Kumar Reddy.<br /><br /></p>.<p>According to a statement from the chief minister’s office, 10,760 acres of government land in Vemaguntapalli, Kothaguntapalli, P Bommepalli and Thugutlapalli villages of Jammalamadugu mandal in Kadapa district were allotted to Brahmani Industries for setting up an integrated steel plant of 2 million tonnes per annum capacity and a full production capacity plant of 10 million tonnes per annum capacity by 2017. <br /><br />The allotment was cancelled after the company failed to establish the project. The company had assured direct employment to 10,000 people and indirect employment to at least 1 lakh people.<br /><br />The decision to allocate land to Brahmani was taken by the cabinet led by then chief minister Y S Rajasekhara Reddy on June 6, 2007.<br /><br />According to the memorandum of understanding (MoU) signed by the state Industries and Commerce Department and Brahmani Industries, the first phase of the steel plant with a production capacity of 2 million tonnes of steel was to be set up by 2009.<br /><br /> As the Company failed to fulfill its commitment to establish the project as per the MoU, the agreement was terminated and allotment was cancelled.</p>
