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 …

100 injured in police action at Posco-India project site

Prafulla Das BHUBANESWAR: About 100 people were injured when police fired rubber bullets and teargas shells, and lathi-charged hundreds of villagers in Jagatsinghpur district of Orissa on Saturday afternoon to help the administration acquire land for the steel project of Posco-India. The police took action after the villagers did not …

Police crack down on anti-Posco protesters, 30 injured

Police on Saturday fired rubber bullets and teargas shells at Balitutha to evict protesters, mostly women and children, opposing the setting up of POSCO steel plant, leaving 30 people injured. The police had ordered the 1000odd protesters opposing land acquisition to leave but had to crack down when 50 crude …

UAC activists may intensify stir against Posco project

The activists of the United Action Committee, a purportedly pro-Posco outfit active in the Posco steel project site near Paradip, have threatened to oppose the project if the district administration deploys police force in the

Anti-Posco agitation: CPI MP arrested

CPI leader and MP Bibhu Prasad Tarai was arrested today while trying to enter the proposed steel plant site of Posco-India ahead of a rally to protest the project, police said. "Tarai was arrested as a preventive measure to avoid any law and order problem as a large number of …

Posco & ArcelorMittal change India tack to expand footprint

STUNG by inordinate delays in getting greenfield projects off the ground, global steel majors Posco and ArcelorMittal appear to be shifting gears in their India strategy. The two companies are forging new alliances to widen their footprint and establish a manufacturing presence in the steel turf, while retaining their plans …

SAIL in talks with Posco, Kobe for possible JV: MoS Steel

State-owned Steel Authority of India Ltd (SAIL) is in talks with South Korean steel major Posco and Japan's Kobe Steel for technology tie-ups to jointly set up steel plants, Parliament was informed today. "In order to remain competitive, SAIL is exploring the possibility of a technology tie-up for new iron-making …

Inter-ministerial group calls for giving mineral MoUs legal teeth

Expressing serious concern that in the absence of any regulatory legal mechanism, very few Memoranda of Understanding (MoUs) signed by steel companies with mineral-rich states were translating on the ground, the high-level Inter-Ministerial Group has pitched for

Deadliest Maoist attack makes Mittal, Posco & NMDC see red

The deadliest attack on Indian security forces in four decades of left-wing conflict underscores the challenge companies including ArcelorMittal, Posco and NMDC Ltd face in investing in mineral-rich states. Maoist rebels killed 76 officers in an ambush on Tuesday in Chhattisgarh, where NMDC operates its biggest iron-ore mine. In neighboring …

Anti-Posco rally held at Balitutha

Villagers participate in the protest under the banner of PPSS Activists of PPSS have been staging dharna since January 26 CPI leader draws three lines at entry point as

Talk to K-Nagar tribals: Kharavela Swain

BHUBANESWAR: President of the newly floated Utkal Bharat Kharavela Swain has asked the State Government to convene a meeting with the tribals of Kalinga Nagar to discuss their problems and evict them from the sites proposed for the common corridor. Swain has criticised Chief Minister Naveen Patnaik and the Opposition …

Posco to resettle displaced first

South Korean steel major Posco has finally started talks with anti-displacement forums to garner support in favour of its Rs 52,000-cr steel project at Kujang near Paradip in Orissa.

CPI to support anti-Posco rally

BHUBANESWAR: The CPI State council on Sunday resolved to extend support to the proposed rally by the Posco Pratirodh Sangram Samiti at Balitutha on April 1 against the Posco steel project. Member of the CPI

A good idea for Posco and Sail

But Tackle Stalled Land Acquisition POSCO, the South Korean steel major, deserves a medal for perseverance. Instead, it might get a joint venture with India

Undeterred by Orissa delays, Posco looks to Jharkhand

South Korean steel giant Posco is likely to sign a Memorandum of Understanding (MoU) with state-run SAIL in the next three months to jointly set up a 5 MT integrated steel project in Jharkhand at an estimated cost of about Rs 25,000 crore. The move comes despite the long delay …

Posco, SAIL mull JV steel plant at Bokaro

Korean Co Looking For New Opportunities As Its Proposed Project In Orissa Is Getting Delayed Our Bureau NEW DELHI KOREAN steel major Posco and country

Posco searches alternative for Orissa site

IN A bid to put pressure on the Naveen Patnaik government, Posco is scouting for favourable places to set up plants in the country. With the groundbreaking ceremony held on Monday for Rs 4,400-crore continuous galvanising plant in Maharashtra, Posco has made it clear that it would not hesitate to …

Posco plans Rs 4,000-crore investment in Maharashtra

SANJAY JOG / Mumbai March 15, 2010, 0:16 IST Korean steel major Pohang Iron and Steel Company (Posco), the world

Mining giant offers peanuts

South korean steel major posco has announced a rehabilitation package for people using the forestland diverted for its proposed steel plant in Jagatsinghpur district of Orissa through Oriya newspapers. Activists led by the posco Pratirodh Sangram Samiti (ppss) made a bonfire of the printed copies of the rehabilitation package on …

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