Mumbai: Exactly six years after Korean steel giant Posco signed an MoU with the Orissa government for its Rs 52,000-crore 12-MTPA project, the mega venture remains mired in uncertainty. As the anti-steel plant agitation gains momentum, both Posco and Orissa government have vowed to push ahead with the project in Jagathsinghpur district. The country's biggest single FDI project till date has been beset by stiff protests from local communities against...
12:14 PM, Jun 21, 2011
Posco plant needs 20 mn tonnes/year of iron ore over 30 years for steel production at full capacity. ...10:55 AM, Aug 27, 2009
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