POSCO

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 the process of land acquisition for the project. "According to sources available with Odisha Industrial Infrastructure Development Corporation (the state's …

Green challenges

Jairam Ramesh's removal as Environment Minister creates uncertainties for domestic environment policy and the deadlocked global climate talks. WHATEVER one may think of its overall impact, the recent Cabinet reshuffle was not exactly a damp squib. Its single most important component was Jairam Ramesh's replacement as the Minister of State …

Posco iron ore swap demand results in MoU deadlock

  The renewal of the MoU between Posco India and the Orissa government has reached a deadlock as the South Korean company is insisting that it be allowed to swap iron ore, as promised in the original MoU. The company, which submitted its response to the draft MoU sent by the …

Fresh MoU remains ‘Ore’ of contention

Posco-India has sought some clarifications and modifications to the suggestions given by the State Government for renewal of the memorandum of understanding (MoU) for establishment of the proposed 12 million tonne steel plant at Paradip. Sources said though the South Korean steel giant has agreed not to export iron ore …

HC reserves order on Posco land acquisition

The Odisha High Court on Tuesday reserved judgment on a petition seeking quashing of the land acquisition proceedings undertaken for the Posco steel plant proposed to be set up at Paradip in Jagatsinghpur district. The two-judge bench of Chief Justice V Gopala Gowda and Justice B N Mohapatra reserved judgment …

Mine allocation to Posco: SC adjourns hearing

Bhubaneswar: The Supreme Court on Friday adjourned hearing on dispute on allocation of iron ore mines in 2,500 hectares in the Khandadhar hills in Odisha to South Korean steel major Posco, which has proposed to set up 12mtpa steel plant at an investment of Rs 52,000 crore near Paradip in …

Posco to invest $200m in Tuwairqi Steel expansion

South Korean steel making company Posco will invest $200 million to expand the production capacity of Tuwairqi steel plant located near Port Qasim. To this effect, a memorandum of understanding for initiating joint venture between Posco and Tuwairqi will be signed by next month involving the Sindh government. This was …

Mega projects need time: Centre

Bhubaneswar: Apparently not worried over the pace of implementation of mega steel projects like Posco and ArcelorMittal in Odisha, the steel ministry on Friday said that mega projects need time. Mega projects are always associated with the problems related to land, water, raw materials and other issues. Therefore, it needs …

Posco supporters stall work over renewal of MoU

PARADIP: The district administration felled around 1,000 trees at Nuagaon for the proposed Posco project on Wednesday. Things, however, were not the same at Gadakujang panchayat, where villagers prevented officials from entering the area seeking fulfillment of their six demands. The delay in renewal of the MoU between the State …

Posco hits New Green Roadblock

Green tribunal slaps notices on Posco, Orissa & MoEF; Seeks info about clearance granted to the project In what appears to be a setback to the Posco’s dream 12-million ton steel project, the National Green Tribunal on Tuesday issued notices to the union ministry for environment and forest (MoEF), Orissa …

Posco-Orissa MoU expires

Company not ruling out relocation from the state. Six years after its inception, South Korean steel giant Posco's $12-billion mega steel manufacturing unit exists only on paper. The company awaits land to be handed over by the Orissa government even as the memorandum of understanding (MoU) between them has not …

Green tribunal slaps notices on Posco, Orissa & MoEF

Bhubaneswar Posco India’s $12-billion steel project in Orissa has hit another green hurdle. The National Green Tribunal on Tuesday served notices on the Union ministry for environment and forest (MoEF), Orissa government, Orissa State Pollution Control Board (OSPCB) and Posco India enquiring them about the circumstances under which environmental clearance …

Posco approval challenged in Green Tribunal

In fresh trouble for Posco’s proposed iron and steel plant in Orissa, the National Green Tribunal (NGT) on Tuesday admitted a petition challenging the environmental clearance granted to the project and issued notice to the Environment Ministry. The NGT, a newly created specialised court to hear matters related to environmental …

Posco project to wipe out over six lakh trees

Bhubaneswar: Over six lakh trees and some 1,800 betel vines will have to be sacrificed to set up Posco's Rs 52,000 crore mega steel project in Jagatsinghpur district. The trees to make way for the greenfield project include about three lakh casuarina and as many horticultural plants, official sources said. …

Renewal Plan of Posco’s MoU Remains in Limbo

The Orissa government has failed to keep its commitment for renewal of the revised agreement with Posco-India for the 12-million tonne steel plant near Paradip by July end, as the South Korean company has not agreed to key conditions in the revised agreement. Even as the tenure of the previous …

Orissa again fails to renew Posco MoU

Despite repeated promises, the Orissa government has failed to keep its commitment to renewing the revised Memorandum of Understanding (MoU) with Posco-India Ltd for the 12-million tonne steel plant by July-end. The tenure of the old MoU had expired on June 22 last year. The state drafted a new MoU …

Over six lakh trees to be cut for Posco project

Over six lakh trees and some 1,800 betel vines will have to be sacrificed to set up Posco’s Rs 52,000-crore mega steel project in Orissa’s coastal Jagatsinghpur district. The trees to make way for the greenfield project include about three lakh casuarina and as many horticultural plants, official sources said. …

Forest Rights Act is an attempt to undo a historical wrong

There have been problems with the implementation of the Forest Rights Act, a landmark legislation of the UPA-I government. The problems have been to a great extent on account of discrepancy in rules. By nature, rules are supposed to supplement and complement the law. I will resolve these discrepancies. For …

Brinda tells CM to talk with Posco villagers

BHUBANESWAR: CPM politburo member Brinda Karat on Saturday advised Chief Minister Naveen Patnaik to hold direct talks with the people who will lose their land for the Posco project. Brinda met Naveen here and discussed the exploitation of the selfhelp groups (SHGs) by the micro finance institutions (MFIs) as well …

Spring of discontent

The Khandadhar waterfalls is a favourite picnic destination of many college students in Odisha. But it may soon be a pleasure of the past. The falls spring out from the Khandadhar hills that are home to 69 working sponge iron units. And with more than 150 mining projects approved, the …

Land is more than just that

My article last fortnight about people’s fight against POSCO has brought me interesting responses. They call for clarifications and further discussion. The question is about the value of current livelihoods of the people of coastal Odisha. Is earning from betel nut farming being exaggerated to reinforce the romantic and misinformed …

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