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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State asks Posco to submit revised DPR
Bhubaneswar: The Odisha government has sought a fresh detailed project report from Posco India concerning its proposal to downsize the proposed 12-MTPA steel project near Paradip in Jagatsinghpur district
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Karnataka to look for alternative land for Posco
The Karnataka government is actively considering the possibility of changing the location for a proposed steel plant of Posco in north-central Gadag district; instead offer the South Korean major an alternative land elsewhere in the state. The move comes after the farmers of Halligudi village stiffly opposed plans to acquire their “fertile” land ahead of starting work on the project.
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India to acquire coking coal mine in Mongolia
In a move to reduce dependence on highly priced Australian coking coal, India will acquire a mine in Mongolia and also set up the first steel plant in the quality coal rich country. The Indian delegation comprising of Chairman of Steel Authority of India (SAIL) C.S. Verma and U.P. Singh, Joint Secretary in the Ministry of Steel will go to Ulaanbaatar on Friday to sign a pact in this regard.
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Posco in limbo
The National Green Tribunal's decision to suspend the environmental clearance given to Posco vindicates the project's critics. ON March 30, the Principal Bench of the newly formed National Green Tribunal
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Posco eager to start operations, will scale down if needed
South Korean ambassador to India Kim Joong-Keun today said that steelmaker Posco can scale down its proposed 12 million tonne steel plant in Jagatsinghpur district if it gets less amount of land than it
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Posco may go for smaller capacity plant
Bhubaneswar: Optimistic of establishing Posco’s proposed mega steel project near Paradip in Odisha, South Korea on Wednesday said the company could revise its plan and go for a smaller capacity plant instead
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Posco may revive proposed plant
Bhubaneswar: Optimistic of establishing Posco's proposed mega steel project near Paradip in Jagatsinghpur district, South Korea on Wednesday said that the company could revise its plan and go for a small
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South Korea Approves Carbon Trading Scheme
South Korea's lawmakers approved a national emissions trading scheme on Wednesday to tackle its growing greenhouse gas emissions, overcoming strong industry opposition and joining a growing number of nations
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Posco wants Essar Steel to join its Orissa project
Mumbai: South Korean steel major Posco has sounded out unlisted Essar Steel for an alliance to build the planned $12 billion (12 million tonnes) steel plant in Orissa, which has run into repeated hurdles since the world’s fifth largest steel maker signed the construction agreement with the state government in 2005. “They (Posco) have approached us (Essar Steel) through a third party to revive the Orissa steel plant,” a person with direct knowledge of the development, but doesn’t want to identified, told FE. “We are yet to respond to Posco’s proposal,” the person added.
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Fresh mining leases only after apex court resolves all matters
Bangalore Uncertain times await investors planning to start iron-ore mining in Karnataka, as the state government has made it clear that fresh leases will be given only after the Supreme Court clears all legal cases concerning the sector. The state's controversy-ridden industry has come under the purview of the central empowered committee (CEC) of the Supreme Court which has recommended a ban on issuing fresh mining permits.