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
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
The inordinate delay in land acquisition and tardy progress in clearing files at bureaucratic level has upset the chairman of Arcelor-Mittal Lakshmi Niwas Mittal. Talking to a private news channel, Mittal hinted that he was up upset over the inordinate delay in the progress of his proposed project in Odisha.
Two steel giants, ArcelorMittal and POSCO, were granted the green signal on Tuesday, with the High Level Clearance Committee headed by Chief Minister B S Yeddyurappa according an in-principle approval for implementing their mega steel manufacturing projects.
The total investment from these projects will be Rs 1,38,300 crore. ArcelorMittal
AKSHAYA KUMAR SAHOO A recent survey by South Korean company Posco in its proposed mega steel project site in Orissa's Jagatsinghpur district has brought to fore some interesting facts on the socioeconomic conditions of the local people.
South Korean steel giant Pohang Steel Company (Posco) has received the much-awaited Stage II forest diversion clearance from the Ministry of Environment and Forests (MoEF) for its Rs 54,000-crore, 12-million tonne integrated steel project in Orissa.
South Korean steel major Posco has got the clearance from the ministry of environment and forests for acquiring forest land in Orissa for its $12 billion steel plant project, a company official said on Friday. "We have received final forest clearance from the ministry," the Posco-India general manager (external relation), Mr Simanta Mohanty, said.
Secretary Says Move To Help Fast-Track POSCO, ArcelorMittal & Other Projects Subhash Narayan NEW DELHI THE steel ministry has sought powers to grant iron ore mining lease to companies in a bid to fast-track steel projects, including those of steel giants POSCO and Arcelor Mittal, stuck for want of assured long-term raw material supplies, and attract foreign investment.
MK VENU, KG Narendranath
Posco has committed itself to planting 20 lakh trees against just 2.5 lakh trees existing in its proposed steel project site near Paradip in a planned manner to give a much greener colour to the existing sandy landscape.