All these days, the trade unions of Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant, have been expressing apprehensions that the Narendra Modi has decided to privatise the steel plant only to hand it over to the Adani group.
However, on Friday, the Adani group refuted the allegations that it was trying to capture the Visakhapatnam Steel Plant.
“We wish to categorically state that the allegations are untrue and that the Adani Group has no interest in the privatisation process of RINL," the company said in a statement.
The Adani group, which has taken over the Gangavaram port, expressed its anguish over a recent attempt by a section of employees led by some unions to barge into the port premises in protest against delay in handing over cargo meant for the plant.
For the past few days some of the unions belonging to the Vizag Steel Plant are alleging that Adani Gangavaram Port is not delivering coal and limestone to Vizag Steel Plant, which is being imported by them through Adani Gangavaram Port.
“We would like to clarify that the Gangavaram Port is committed to doing business in a responsible manner and to building trust with all stakeholders. As a responsible corporate entity, we have been providing cargo handling services to RINL despite delayed payments and our outstanding dues piling up over the past six months to a huge amount,” it said.
“Since Gangavaram port considers the RINL as a key customer, we have continued our services despite them going in the direction of becoming unsustainable. As RINL is a respected PSU, we request its leaders to honour their promises to clear the dues and ensure that cargo handling remains sustainable with regard to the port operations," the rejoinder added.
