World’s largest steelmaker ArcelorMittal may set up a solar farm on land alloted to it for a steel plant in Ballari district of Karnataka, in view of excess global steel capacity and delays in securing raw materials. The company had entered into a pact with Karnataka government for setting up …
New Delhi: ArcelorMittal said on Wednesday that options are open before it on shifting its Rs 1 lakh-crore steel projects from proposed sites in Orissa and Jharkhand. "At this time, we are focusing on Jharkhand and Orissa. We are looking at different sites because existing sites are not making progress. …
ARCELORMITTAL on Wednesday said it is in talks with the Orissa and Jharkhand governments for alternative sites for its Rs 1 lakh crore steel projects which have remained stuck, mainly due to problems in acquiring land. Aditya Mittal, chief financial officer of the world
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.
TATA Steel is likely to begin work on its delayed steel project in Chhattisgarh by the end of the current year. The Rs 19,500-crore project for construction of an integrated steel facility of 5.5 million tonne capacity has crossed a major milestone with majority of project affected people coming in …
Ishita Ayan Dutt / Kolkata October 9, 2009, 0:54 IST Land, and not mines, has emerged as the biggest stumbling block for steel projects, threatening to derail the government
BHUBANESWAR: The drive for industrialisation, launched by the State Government, has suffered a severe jolt with ArcelorMittal threatening to abandon the 12 mt steel plant project, estimated at Rs 40,000 crore, in Keonjhar district. This has come as a dampener for the Naveen Patnaik government once again as none of …
Dillip Satapathy / Bhubaneswar October 6, 2009, 0:47 IST L N MittalLong before L N Mittal told a British newspaper that he may pull out of the 12 million tonne greenfield steel project in Orissa, the writing was on the wall. The sequence of developments on the projects, since the …
The government has threatened to cancel the coal block alloted jointly to ArcelorMittal and GVK Power in Jharkhand for the inordinate delay in developing the property. The coal ministry served notices on September 23 to both the companies and sought their replies within 15 days, seeking reasons for the delay …
Faced with resistance over land acquisition for its proposed projects in Torpa-Kamdara, steel behemoth ArcelorMittal is exploring possibilities outside Khunti district. State industry secretary N.N. Sinha said the site the company had selected for its 12 million tonne steel plant and 1,500MW power unit was spread over the twin districts …
Ranchi/ Jamshedpur: The steel giant ArcelorMittal is all set to do what the Tatas did in Singur. Sources said the company was considering shifting its proposed Rs 40,000 crore greenfield integrated steel plant project from Torpa in Khunti district to another location within the state following stiff resistance by anti-displacement …
Facing resistance from villagers to acquire land in Khunti for its proposed Rs 50,000-crore steel plant, ArcelorMittal group is considering an option to shift the project to another location within the state of Jharkhand, a state government official said here.
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 …
Margaret Williams / Kolkata June 30, 2009, 0:01 IST ArcelorMittal, Anglo Australian major Rio Tinto, Hyderabad-based GVK Power & Infrastructure, Essar Mineral Resources and JSW Steel are among 10 prominent corporations in a shortlist to develop 18 abandoned coal mines owned by state-owned Coal India Ltd (CIL) and its eight …
-ArcelorMittal pays up to ensure 1,000 acre govt land in Kamdhara Ranchi: ArcelorMittal has deposited Rs 12 crore to the state in lieu of government land for its ambitious greenfield project, indicating it wasn
