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 …

Centre seeks status report on Posco

BHUBANESWAR: The Centre has sought a status report from the State Government on the Posco project which has been stalled following the violence in Ground Zero this month which claimed one person. This assumes significance as the Centre’s query on the largest-single foreign direct investment (FDI) of the country comes …

Notification to acquire land for POSCO issued

The Pohang Iron and Steel Company (POSCO) project at Halligudi in Gadag district, which made its exit following a mass agitation, has now returned with the State government claiming that it has already issued a preliminary notification to acquire 3,200 acres of land. Speaking at an interaction meet organised by …

Forest advisory committee turns toothless

When the Union environment ministry gave the GMR Group its go-ahead to the Alaknanda hydroelectric project in Uttarakhand three weeks ago, it invited suspicion from non-profit organisations about a possible underhand deal. For, the project was approved despite a recommendation against it by none other than a statutory body, the …

Posco Faces Fresh Hurdles, Naveen Govt on Defensive

Last week’s clash near Posco’s project site in Odisha is brewing trouble for the South Korean steelmaker and the state government, with legislators demanding a probe into why the main accused in the clash has not been arrested. State legislators on Monday demanded the immediate arrest of Bapi Sarkhel, a …

Naveen 'puzzled' over Congress stand on Posco

BHUBANESWAR: Even as UPA government at the Centre appeared keen on the implementation of Posco steel project in Odisha, Chief minister Naveen Patnaik today said the Congress leaders in the state were opposing it. "The stand taken by Congress leaders in Odisha over the Posco project puzzles me. Posco project …

Posco violence: Naveen promises action against guilty

Bhubaneswar: Terming Wednesday’s killing of one person during a clash between the anti-Posco brigade and a private contractor over construction of a coastal road linking the Posco's proposed plant site at Dhinkia with Paradip as tragic, chief minister Naveen Patnaik on Thursday said that action would be taken against the …

Posco appeals to locals to clear roadblocks

Bhubaneswar: With villagers continuing to disrupt the land acquisition work at Jagatsinghpur district for the 12-million tonne Posco steel project, an exasperated management of the company on Thursday appealed to the locals to cooperate with them. Two days ago, villagers of Gadakujanga in Jagatsinghpur had detained four trucks of Posco …

Posco appeals to villagers to release containers

PARADIP: Two days after Gadkujang villagers detained Posco’s pre-fabricated office structures, the South-Korean company’s officials on Thursday appealed to them to facilitate movement of the containers. On Thursday, a team led by Deputy Managing Director of Posco India, vice- president and Director of Posco India visited Nuagaon and Gadkujang and …

Posco seeks more time for Orissa SEZ project

South Korean steel major Posco has sought more time from the Centre for its Rs 53,000 crore multi-product SEZ in Orissa as it is yet to get adequate land from the state government. An inter-ministerial Board of Approval (BoA), chaired by Commerce Secretary Rahul Khullar, will consider the request from …

Posco, Orissa to ink fresh MoU soon

Bhubaneswar The Orissa government has finalised the new MoU to be signed with Posco India to set up a steel plant in the state. “The new MoU is ready and the signing ceremony will be held any day from now,” said a senior official in the state chief secretary's office. …

Posco seeks more time for SEZ project

New Delhi South Korean steel major Posco and 16 other SEZ developers have sought more time from the government to execute their respective projects. Posco India, a subsidiary of Posco, is yet to acquire land from the Orissa government for its SEZ. The Board of Approval (BoA) for SEZ projects, …

Posco Seeks More Time for Orissa SEZ Project

South Korean steel major Posco has sought more time from the Centre for its over . 53,000-crore multi-product SEZ in Orissa, as it is yet to get adequate land from the state government. An inter-ministerial Board of Approval (BoA), chaired by Commerce Secretary Rahul Khullar, will consider the request from …

Restrict Mining in K’taka to 30MT/Yr

Agovernment body has recommended that production of iron ore in three districts of Karnataka be restricted to 30 million tonnes per year, casting doubts over steelmakers’, such as Arcelor Mittal and Posco, plans to set up steel plants in the southern state. A report submitted by the Indian Council of …

Parties oppose govt move to invite Posco to start work

Bhubaneswar: Opposition parties including Congress and BJP on Monday opposed the decision of the Odisha government to invite Posco-India to begin work on the acquired land near Paradip even before a fresh MoU was signed. The Opposition reaction came two days after chief secretary Bijay Kumar Patnaik announced that the …

Posco can start work at the acquired land: Govt

Bhubaneswar: The Odisha government on Thursday said that Posco India can start work at the 2,000 acres of land acquired so far for setting up of its proposed 12 million tonne per annum steel plant near Paradip at a cost of Rs 52,000 crore. The state government has so far …

Posco can start work before signing fresh MoU: Orissa Govt

South Korean steel major, Posco, can start work at the proposed plant site near Paradip before signing fresh MoU with the state, the Orissa government said on Saturday. “Work for the steel project and processing of the MoU can go simultaneously,” said Mr B.K. Patnaik, chief secretary, told reporters. “We …

Posco can start work at 2000 acres of land acquired so far

The Orissa government today said Posco India can start work at the 2,000 acres of land acquired so far for setting up of its proposed 12 million tonne per annum steel plant near Paradip at a cost of Rs 52,000 crore. "The state government has so far acquired over 2,000 …

Posco can start work now: Government

BHUBANESWAR: With land acquisition for Posco steel project getting embroiled in one controversy after another and the Government drawing flak, the company was told on Thursday to begin construction work on the acquired land. “The Government has so far acquired over 2,000 acre for Posco steel plant. The company could …

Bokaro's displaced still await compensation

Residents of most villages whose land was acquired for the Bokaro steel plant have no jobs or means of living. Those who were compensated are demanding more.

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 unresolved. Posco’s new India head Yoon Yong Won met Union steel minister Beni Prasad Verma on Wednesday to discuss …

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