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 process of land acquisition for the project. "According to sources available with Odisha Industrial Infrastructure Development Corporation (the state's …
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 been at the centre of the opposition to the project. While re-negotiating their 2005 …
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 …
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 government to kick off its much-delayed 12-million tonne mega steel project near Paradip in …
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 …
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. Top government officials told TOI that after the meeting of the Prime Minister’s Council on Trade and …
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 plant near Paradeep in Odisha in two phases, downsizing it from the …
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 …
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 whenever the total requirement of 4004 acres are transferred to it. The original plan of 12 mt capacity …
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 12 mtpa mega steel mill to be set up near Paradip. After an hour-long discussion with Chief Minister …
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 as the chairman and managing director of the company is scheduled to meet chief minister Naveen Patnaik on Wednesday. Briefing newsmen …
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 …
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, …
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 (NGT) delivered a momentous decision suspending the environmental clearance (EC) given to the South Korean transnational corporation, Posco, to set …
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 required. Keun who met chief minister Naveen Patnaik, said Posco was eager to start work on …
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 of its original design of setting up a 12mtpa steel mill. “We are eager to complete whole size …
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 capacity plant instead of its original design of setting up a 12mtpa steel mill. We are eager to complete …
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 to put a price on carbon. Of the 151 lawmakers who voted, 148 approved the scheme, underscoring bipartisan support for a …
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 …
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 …
The National Green Tribunal may not even be a year old but it has already come up with some landmark judgments, says Prasun Chaudhuri ON GUARD: A protest held earlier this month against Posco’s project in Odisha Until recently, the National Green Tribunal (NGT), the autonomous body to redress environmental …
