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 …
MK VENU, KG Narendranath New Delhi: Steel minister Virbhadra Singh has advised the promoters of ArcelorMittal and Posco to offer annuities (long-term income stream) to the indigenous people who will need to be rehabilitated from the steel majors
Posco has committed itself to planting 20 lakh trees against just 2.5 lakh trees existing in its proposed steel project site near Paradip in a planned manner to give a much greener colour to the existing sandy landscape. In addition to this, the company has deposited Rs 100 crore with …
A delegation of South Korea's Posco, the world's second largest steel producer, is expected to visit Karnataka next week as a follow-up to its intention to set up a multi-billion dollar integrated steel plant in the mineral-rich State. "Intent (by Posco on setting up of the plant) has already been …
Company expected to invest Rs. 20,000 crore in the State Posco to be allotted captive mines Final round of talks to be held soon BANGALORE: After the agreement with the world
PARADIP: With poverty and non-payment of crop loans haunting them since long, hundreds of farmers, who failed to cultivate their paddy crops for four years at Dhinkia and Gobindapur villages have threatened to commit suicide. More than 200 acres of land lies barren with nearly 150 families of the three …
BHUBANESWAR: Continuing to face stiff opposition at its project site in Jagatsinghpur, Posco-India has announced formation of POSCO Foundation for successful implementation of its social welfare programmes. The announcement comes as per the discussions of CEO, Psoco Joon-Yang Chang with Chief Minister Naveen Patnaik during the former
The steel ministry and the Orissa government have asked South Korean steel giant Posco to expedite the process of land acquisition by directly negotiating with private land holders to fructify its Rs 54,000-crore mega steel project in the state
PARADIP: With the Central Government virtually breathing down its neck to expedite work on the much delayed Posco project, the State Government has asked the district administration to convene a meeting of the Rehabilitation and Periphery Development Advisory Committee next month. President of South Korea Lee Myung Bak, is said …
At the advice of the Centre, the Orissa government is convening a meeting this week with Posco and ArcelorMittal to resolve issues like land acquisition and mining leases which are blocking Rs 1 lakh crore investment plans by the two global steel giants in the state.
Not long ago, at Lalgarh in West Bengal, the country witnessed the first fully televised confrontation between the Indian State and its subjects, in which the goal of the insurgents was not to create a separate state or country, but to capture the Indian State itself. The media coverage forced …
AKSHAYA KUMAR SAHOO Mega industrial projects in Orissa are stalled thanks to the land acquisition problem. A review of 13 ongoing mega projects by the state industry minister, Mr Raghunath Mohanty, on Thursday, revealed that steel majors ArcelorMittal, Posco and Tata Steel are struggling to acquire the allotted land due …
BHUBANESWAR: The South Korean steel major Posco on Tuesday announced that the company will establish Posco Foundation to work for the people in the area affected by its steel plant project. This was stated by Joon Yang Chung, the Chief Executive Officer (CEO) of Posco, after a meeting with Chief …
Dillip Satapathy / Bhubaneswar September 4, 2009, 1:31 IST Compensation to squatters would push up land acquisition cost. Posco India, which is looking to set up a 12-million-tonne steel plant near Paradeep in Orissa, has decided to treat the encroachers squatting on the government land earmarked for its project on …
Bhubaneswar: The South Korean steel major POSCO has changed its strategy in implementing the 12 million tonne steel project in Orissa. The company has delinked the mines from the project and decided to go ahead with the project construction instead of waiting for the mines to start the work.
BHUBANESWAR: Problems facing the South Korean giant Posco and the State Government over establishment of the steel plant near Paradip seems to be far from over. A day after clear indications of plant work beginning early next year, Posco Pratirodh Sangram Samiti (PPSS) on Thursday announced that the agitation against …
Akshaya Kumar Sahoo Aug. 26: South Korean steel major Pohang Steel Company (Posco) on Wednesday ruled out the possibility of shifting its 12-million-tonne integrated steel plant site from Kujang area near Paradip in Orissa to some other locations in the country. The company clarified that all obstacles facing the project …
Aug. 19: The Orissa government has started taking renewed interest in expediting the land acquisition work for the proposed Posco steel project after the company agreed to begin peri-pheral work such as the construction of a 10-km-long marine line road. The road was considered important to transport raw materials to …
