· Rs.143.11crore project completely funded by Vikram Sarabhai Space Centre and Technology provided by Defence Research and Development Organisation
Honourable Union Minister for Defence Sri.A.K.Antony has said that a healthy cooperation between the Centre and the State will ensure development of Kerala at a faster pace.
He was inaugurating the country’s first Titanium Sponge Plant (TSP) at Chavara complex of the Kerala Public Sector, The Kerala Minerals and Metals Limited (KMML) on Sunday [ 27.02.2011].
The TSP is a joint venture of KMML, Vikram Sarabhai Space Centre (VSSC) and the Defence Metallurgical Research Laboratory. The Project is fully funded by VSSC with Rs.143.11-crore.
With the inauguration of TSP,
becomes the 7th country in the world having the technology for producing Titanium Sponge, which is the raw material for titanium metal.
Mr.Antony said all developmental work should remain above politics,” if politics gets mixed with development, we will not be able to progress. Though Kerala has developed, that development cannot be compared to the pace of development taking place in the neighbouring States.”
He said the commissioning of the TSP was a fine instance of healthy cooperation between the Centre and the state of Kerala. “The TSP is not a small venture. It is a big project poised to bring major changes in the economy of the State. The decision to open the country’s first
in Kerala is also the outcome of strong Centre-State cooperation.”
Mr.Antony recalled that it was during his stint as the Chief Minister in 1977, the then President N.Sanjeeva Reddy laid the foundation stone for KMML in which he had presided over that function.
Even during that time the thinking of a TSP was there and today that dream comes true, he said.
In his presidential address, Minister for Water Recourses N.K.Premachandran, who is also the Chavara MLA, said that through TSP, Chavara had entered the industrial map of the world.
He said Rs.2, 000-crore Titanium Sponge Plant complex is also envisaged near KMML. That would be a joint venture between Steel Authority of India and KMML.
He said that TSP had proved that a strong Centre-State relationship could lead not only to industrial but also all round development of the State.
Honourable Industries Minister Sri.Elamaram Kareem inaugurated the Sponge Handling Plant of TSP. He said that production at TSP would commence within a month. In order to commercialise the production at TSP, a Magnesium Recovery Plant would be established soon.
He said the performance of KMML was the best yardstick to assess the development of the State PSUs during the past five years.
This year, KMML expected a profit of Rs.130 crore, which would go up to Rs.200 crore, the next year and in four years, KMML’s profit would touch Rs.500 crore.
Honourable Labour Minister P.K.Gurudasan and Kollam MP Sri. N.Peethambara Kurup also spoke. Sri.N.R.Subramaniam, Managing Director of KMML, presented the report. Sri T.Balakrishnan IAS, Additional Chief Secretary (Industries Department), welcomed the gathering and Executive Director. Sri. Suresh Kumar.S delivered vote of thanks
District Collector Smt.S.Lalithambika IAS, trade union leaders Sri.Kadavoor Shivadasan, Sri.N.Padmalochanan, Sri.K.Suresh Babu, Sri.J.Anil , Local body leaders Sri.Kolath Venugopal, Adv. E.Yosafkunju, Sri.D.Sunilkumar were present in the meeting
Nation’s First Coastal Academy at Kannur
Honourable Union Defence Minister Sri.A.K.Antony has formally announced the central government’s decision to set up Nation’s First Coastal Academy at Azheekal, Kannur. This announcement was made in his inaugural speech during the eve of dedication of the nation’s first Titanium Sponge Plant at KMML Complex, Chavara. It would beneficial to the nation as this will keep our coastal border intact from the external threats.