No Posco, but 3L trees axed for project
Bhubaneswar: As uncertainty prevails over South Korean steel giant Posco's proposed plant near Paradip, the state government on Tuesday informed the assembly that around three lakh trees were felled during
POSCO
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No new agreement between Odisha govt and Posco
Bhubaneswar: Even as Posco India is prepared to go for construction at proposed plant site near Paradip in October, no fresh agreement has so far been signed between the Odisha government and the South
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Posco climbs down, way being cleared for Oct launch
The showpiece POSCO iron and steel project in Orissa is set to take off by October this year with the state government and the South Korean company moving ahead to remove two major irritants that have
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K'taka to offer Posco land in Bagalkot
The Karnataka government has proposed to offer land to South Korean steel major Posco in Bagalkot or Yadgiri districts in north Karnataka to set up their 6 million tonne per annum steel plant. The decision comes after the stiff opposition put forward by farmers of Halligudi in Gadag district last year from acquiring their land for the proposed steel plant. “The government has decided not to acquire land at Halligudi as some sections of farmers are opposed to parting with their land. We are in possession of sufficient land in Bagalkot and Yadagiri districts and we are ready to provide land to the company in these two places,
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Posco’s Paradip Plant to Come Up At a High Cost
Steel maker to swap low-grade iron ore from captive mines within India via Orissa Mining Corp. Posco, the South Korean steel giant, has agreed to a fresh set of terms and conditions stipulated by the Odisha
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MMTC inks supply pacts with Japanese, South Korean steel companies
State-owned trading giant MMTC has inked pacts with Japanese and South Korean steel companies including Posco, to supply 2.8 million tonnes of iron ore annually for a period of three years. "We have signed iron ore supply contracts with five Japanese firms and one South Korean company for a period of three years. The exports are expected to start from July this year,"
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Govt moves to speed up big projects
New Delhi: Drawing flak for project delays, the government has decided to set up a dedicated forum to clear bottlenecks such as coal linkages and environmental and defence clearances that are major holdups.
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Posco Scales Down Land, Plant Size; Protest Goes On
The company has so far got 500 acres while the govt claims to have acquired 2,000 acres South Korean steel major Posco and Odisha government have agreed to set up an 8 million tonne per annum (mtpa) steel
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Posco presses for early hand over of land for project
Posco India on Wednesday pressed for handing over of 2,700 acres of land to the company for start of construction of its much hyped project in the state. The company also scotched all speculation about downsizing the project due to constraints in land acquisition. The speculation had gained ground after the South Korean ambassador, Kim Joong-Keun, who visited the state on May 2, said, Posco would a build a smaller size plant if there is problem in acquiring the full 4,004 acres for the 12 million tonne project.
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Posco to begin with 8 million tonne plant
BHUBANESWAR: Posco India CMD Yong-Won Yoon on Wednesday said that the company will set up 8 million tonne capacity steel plant near Paradip in Jagatsinghpur district with the available land and expand
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No change in original Posco project plan
Posco India Chairman-cum-Managing Director YW Yoon on Wednesday asserted that despite delay in the transfer of required land, there was no question of downsising or reducing the project cost of the proposed