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
POSCO
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Odisha Govt Not to Acquire Pvt Land for Posco Project
HC had pointed out irregularities in land acquisition in October 2011. In a move to appease protesting locals, the Odisha government has decided against acquiring about 438 acres of private land for the
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Posco will be asked to pay more for rehab colony land, says Govt
The state government has decided that Posco India will have to pay the same price for rehabilitation colony land as it has paid for the project area, following a complaint raised by the National Human Rights Commission (NHRC). “Steps will be taken to request Posco India to pay equivalent compensation as paid in the case of rate of private land coming within the project area,” the government said while filing a compliance report on the NHRC complaint regarding the same issue.
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Green tribunal in red as two more judges quit
New Delhi: Exasperated at the way they have been treated, two more judges on the National Green Tribunal (NGT) have tendered their resignation, leaving the court in disarray as altogether six judges have
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Posco submits revised land plan for 8 MTPA steel plant
Posco-India, which had initially proposed to invest $12 billion to set up a 12-million-tonne per annum (MTPA) steel plant on 4,004 acres of land near Paradip in Orissa, has submitted a revised proposal to the state government seeking transfer of 2,700 acre land in its favour for establishing a 8 MTPA factory. “Recently the revised proposal for Ac 2700.00 land was given by Posco India for establishment of 8 MTPA steel plant,” the state government said while submitting the latest status report on India’s biggest foreign direct investment project to the Central government.
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Inter-ministerial panel to review steel projects on Jul 25
The country's steel production capacity has reached 80 MT per annum with plans to ramp it up to 120 MTPA during the current fiscal An inter-ministerial panel will meet later this month to sort out issues impeding big-ticket investments in the steel sector. "An inter-ministerial group (IMG) on July 25 would review the current status of major steel investment projects and find out solutions to problems impacting them," a Steel Ministry official said. The group will have participation from ministries of steel, coal, mines, environment, railways and shipping among others.
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Karnataka iron ore export ban in focus at Bangalore meet
Miners are now pressuring the state government to lift the export ban to boost their business A two-year old ban on iron ore exports from Karnataka which has halved shipments from the world's No. 3 supplier will be the focus of an industry gathering in Bangalore as pressure mounts for the restriction to be lifted. Karnataka, where iron ore mining is also severely limited, has been the poster state for India's efforts to crack down on illegal mining.
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Chinks in opposition might hasten Posco land acquisition
When the anti-Posco brigade celebrated the seventh anniversary of their agitation against the mega steel venture of the South Korean behemoth at Dhinkia near Paradip in Odisha last week, the noise they made against the project was drowned by the murmurs of a split in their ranks. After fighting against the project for the last seven years, Posco Pratirodh Sangram Samiti (PPSS) seems to be disintegrating, with many of its supporters unhappy with the present functioning of the leadership.
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Tripartite pact with Posco in final stage, says government
The Odisha government on Tuesday assured top Posco India officials that the tripartite pact to enable renewal of lapsed Memorandum of Understanding (MoU) is in the final stage and is set to be executed soon. The tripartite agreement will involve South Korean steel giant Posco, its fully owned subsidiary- Posco India and the state government. The pact is awaiting the nod of Chief Minister Naveen Patnaik.
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Posco officials seek information on progress in work
Bhubaneswar: With the Rs 52-crore Posco India steel project getting delayed, a two-member team led by deputy managing director Ryi Chan met chief secretary Bijay Patnaik and IDCO chairman and managing
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Posco: Govt readying to acquire 700 acres more
Optimistic of acquiring the remaining 700 acres for construction of an 8-million tonne per annum (mtpa) steel project by South Korean major Posco near Paradip, the State Government on Tuesday said it was