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 …

Land acquisition for Posco plant stopped again

Last phase land acquisition process for Posco steel plant, which had resumed three days back after a gap of 20 days, in Gobindapur village had to be suspended again on Monday following protests by anti-Posco activists. Residents of Dhinkia and Gobindapur villages led by CPI leader Narayan Reddy staged demonstration …

Anti-Posco group slams govt for use of force in land acquisition

The Jagatsinghpur district administration hopes to acquire the required land for the Posco steel project within next couple of days. "We are close to acquire 2,700 acre land required for the 8 MTPA plant of Posco in first phase. But we might have to wait for some time to start …

Environmental and social risks in project financing: evidence from India

This report compiles some case studies of developmental projects in India that have been affected by environmental and social impacts arising out of the project activities.The acts and regulations governing the environmental and social aspects of project finance deals in India are elaborate and clear. However, based on the case …

Final phase of land buying for Posco project resumes

However, project opponents threaten to resort to mass immolation, if administration continues to demolish betel vines 'forcibly' After a break of twenty days, the Jagatsinghpur district administration has resumed the fifth and final phase of land acquisition for the Posco steel project at Gobindpur near Paradip. The district administration officials, …

Odisha: Land acquisition for Posco resumes, locals allege use of force

In its bid to complete land acquisition for the proposed Posco project near here by first week of July, the Odisha government today resumed land acquisition amidst stiff opposition from villagers who alleged use of force to demolish their betel vines. "We have to acquire another 700 acre of land …

Final phase of Posco land acquisition resumes

The Jagatsinghpur district administration on Friday resumed the land acquisition process for the mega Posco steel project at Gobindapur village amidst stiff opposition from the anti-Posco villagers. “This will be the last phase of acquisition. Today, we dismantled 18 betel vines and paid Rs 36 lakh as compensation,” said Jagatsinghpur …

The price of steel: human rights and forced evictions in the POSCO-India project

The Price of Steel: Human Rights and Forced Evictions in the POSCO-India Project documents the human rights abuses being carried out to facilitate the establishment of the POSCO-India project, and the associated illegal seizures of land which threaten to forcibly displace as many as 22,000 people in India’s eastern state …

Centre recommends revalidation of Posco's green clearance

A high power environment ministry panel has recommended revalidation of environment clearance granted in 2007 for Posco India's proposed mega steel project near Paradip in Jagatsinghpur district, official sources said. Environment clearance to South Korean steel major Posco for a four million tonne per annum (mtpa) steel plant was granted …

Panel for Renewal of Posco’s Green Nod

Korean steelmaker says the original size of the plant will remain unchanged An expert panel has recommended renewal of environment clearance for Posco’s proposed steel project in Odisha, raising hopes that the Korean company will be able to start work on its much-delayed plant. Posco’s original $12-billion proposed plant at …

Panel for renewal of environment clearance for Posco’s project in Odisha

An expert panel has recommended renewal of environment clearance for Posco's proposed steel project in Odisha, raising hopes that the Korean company will be able to start work on its much-delayed plant. Posco's original $12-billion proposed plant at Jagatsinghpur — the largest foreign direct investment in the country — was …

Posco seeks revalidation of environment clearance

With land acquisition for Posco India's proposed mega steel project in Odisha gaining momentum, the steel maker has written to the Union ministry of environment & forests (MoEF), seeking immediate revalidation of environment clearance granted for the project in 2007. The MoEF had granted environment clearance (EC) to Posco for …

National Green Tribunal Orders Status Quo on Tree Felling at Posco Site

The National Green Tribunal has ordered a status quo on tree and vine felling on the site of Posco’s steel plant in Odisha until a decision is taken on its lapsed environmental clearance. This is yet another blow to the South Korean steelmaker’s much delayed steel project. In recent months, …

Anti-Posco brigade cheers green tribunal order

The anti-Posco brigade has cheered the notification of the National Green Tribunal (NGT) asking both Government of India and the Oidsha government to stop cutting of trees at the project site on environmental grounds. But the tribunal order failed to impact land acquisition drive for the mega steel project as …

Villagers decry forcible betel vine demolition for Posco

BHUBANESWAR: Some villagers of Gobindapur have accused the district administration of forcibly dismantling their betel vines for the proposed Posco project. "We refused to accept the compensation amount but they went ahead and removed betel vines spread over 60 decimal. They warned us against speaking about it to the media," …

Centre to decide on giving iron ore licence to POSCO: Supreme Court

Central government will decide if South Korean steelmaker POSCO can have preferential access to an iron ore mine for its planned $12 billion steel plant, a top court said, providing a boost to the troubled project billed as the country's largest foreign direct investment (FDI). POSCO, the world's fourth-largest steel …

Posco welcomes SC order on Khandadhar mines

Odisha government had first recommended granting of PL to Posco India in 2006 to the government of India Posco India has welcomed the Supreme Court judgement on granting it prospecting licence (PL) for Khandadhar iron ore mines in Sudergarh district of Odisha. “We welcome the judgement of the Supreme Court …

SC sets aside Orissa HC order on iron ore licence to Posco

The Supreme Court today set aside the Orissa High Court order which had quashed state government's petition to allot iron ore licence to South Korean steel major Posco in Khandadhar hills in Sundergarh district for a multi-crore steel plant. A Bench headed by Mr Justice RM Lodha asked the Centre …

POSCO welcomes SC decision on Khandadhar

Welcoming Supreme Court’s judgement on Khandadhar iron ore mine case, Posco-India today assured would significantly help to expedite the project and hoped the Central Government would ensure a quick and final decision on the matter. “We welcome the judgement by the honourable Supreme Court on Khandadhar mining case. Once we …

Posco project: Odisha to complete acquisition of 700 acres in a week

The state government has already acquired 2,000 acres of land for the Posco project Moving ahead in its land acquisition spree for the Posco project, the Jagatsinghpur district administration aims to complete acquisition of 700 acres of land for the mega steel project in a week. The state government has …

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