Salboni project: West Bengal govt gives ultimatum to JSW

Yet to achieve financial closure for project because of pending draft agreement The West Bengal government has upped the ante against JSW Steel and charged it with delaying the Salboni steel and power project. At Rs 35,000 crore, the investment for the project is the largest in the state. Questioning JSW's intentions, Partha Chatterjee, West Bengal industry minister, today said if the company continued to dilly-dally, it could be asked to return the land. "I am fed up with the company. It seems they have no intention of taking the project forward. We have waited enough. They have been talking about the iron ore problem. But that is not the state government's responsibility. They are raising one issue after another," Chatterjee said.

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