Vizag Steel Plant Faces Fresh Privatization Fears Despite Revival Promises
Fresh tenders by RINL to privatize 34 critical units of the Visakhapatnam Steel Plant have reignited fears of backdoor privatization. Despite earlier revival promises and an ₹11,000 crore package, workers now feel betrayed. Unions warn that outsourcing blast furnaces, power plants, and core departments threatens the plant’s public-sector identity, sparking protests.