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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Posco India Looks to Tie Up with SAIL for Future Projects
Posco India is interested in partnering state-owned Steel Authority of India Ltd (SAIL) in future projects, including a proposed project at Sindri, even as previous issues between the two companies remain
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Govt wants SAIL to partner Posco for Orissa project
The Government is keen that SAIL be part of South Korean steel firm Posco's proposed $12-billion steel plant in Orissa. The Steel Minister, Mr Beni Prasad Verma, conveyed the Government's willingness
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Mining Bill Cleared; Cos to Share Profits with Locals
The Union Cabinet on Friday approved the Mines and Mineral Development Regulation Bill that seeks to attract investment by easing land acquisition by stipulating mining companies to pay more compensation
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India Cabinet Approves New Mining Bill
The Indian cabinet Friday approved the draft of a law that seeks to attract investments in mining by simplifying rules and smoothening land acquisitions through higher compensation to people displaced,
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MoEF hurdle may lead steel giants to revisit new projects
According to sources, there are 11 mining projects awaiting environment clearance in the state. In the case of JSW Steel the government has cleared the company’s proposal to invest another R15,131 crore to increase its installed capacity to 16 mtpa at its existing plant in Bellary. But if the mining ban is not lifted and mining lease is not provided, it would not be possible to expand the capacity from the current level, an official attached to JSW said requesting anonymity.
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HC refuses to stay forest land acquisition
The Orissa High Court on Friday dismissed a plea for grant of interim stay on acquisition of forest land by the state government for the Rs 54,000 crore Posco steel project. However, the court stayed acquisition
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Ban export of raw minerals, ores: Tribal Minister
Arguing that indiscriminate exploitation of mineral resources was leading to alienation amongst local tribal populations and furthering the cause of Naxalite groups, Minister for Tribal Affairs V Kishore
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Karnataka differs with Centre on Bill
The Karnataka government, which is in the thick of controversy over acquisition of land for several big-ticket investors, is in no mood to accept certain changes proposed in the new Land Acquisition and
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Posco project: Villagers remove blockades
Paradip The barriers erected by villagers to cordon off South Korean steel major Posco’s proposed steel plant in Orissa’s Jagatsinghpur district have been removed, paving the way for site preparatory activities
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Posco project: Villagers remove blockades
Jagatsinghpur: The barriers erected by villagers to cordon off South Korean steel major Posco's proposed steel plant new Paradip in Jagatsinghpur district have been removed, paving the way for site preparatory