Steel Project

  • Government to expedite clearances to $12 billion Posco project: Anand Sharma January 15, 2014

    Government is working to expedite clearances to $ 12 billion project of steel major Posco in Odisha that was awarded environment clearance last week, Commerce and Indutry Minister Anand Sharma said on Wednesday. So far, 1,700 acres of land - out of 2,718 acres - has been transferred to Posco and...
  • Don't limit PM option to only Modi or Rahul, says Arundhati November 17, 2013

    Author and activist Arundhati Roy, on Sunday, said that in an age of coalition, options are wide open before people and they should not fall into trap of Narendra Modi or Rahul Gandhi. "I don't think we should fall into trap of Modi or Rahul. Indulging in poll predictions will be...
  • Ramesh slams Naveen for Posco delay August 17, 2013

    Mounting a scathing attack on Odisha Chief Minister Naveen Patnaik for inept governance, senior Congress leader and Union Minister Jairam Ramesh on Saturday held BJD government responsible for inordinate delay in implementation of Posco steel project. "As the proposed Posco steel plant near Paradip is billed as India's largest foreign direct...
  • Odisha: Land acquisition for Posco steel project resumes April 23, 2013

    Paradip/Bhubaneswar: Land acquisition for the Rs 52,000 crore Posco steel project resumed in Odisha's Jagatsinghpur district on Monday after being suspended for about two-and-a-half months. The restarting of the demolition of betel vines at Gobindpur village at the proposed plant site near Paradip coincided with Posco-India CMD YW Yoon meeting...
  • India not top investment priority: Lakshmi Mittal May 10, 2012

    London: India does not figure among ArcelorMittal's top investment priorities as its $30 billion steel projects face long delays, Chairman L N Mittal said on Thursday. However, the country from where UK-based billionaire comes from remains a priority for the world's largest steel producer. "India is always in our top of...
  • India plans may be stalled for years: Lakshmi Mittal May 8, 2012

    Luxembourg: ArcelorMittal's planned steel plant investments in India are likely to be stalled for years, the company's chief executive said on Tuesday. "We continue to experience difficulties in India. My belief is that the Indian projects may not see the light for five to 10 years," Lakshmi Mittal told the...
  • Anti-POSCO leader Abhaya Sahu arrested November 26, 2011

    Paradip: Anti-Posco leader Abhaya Sahu was arrested in Tirtol area near Paradip in Jagatsinghpur district of Odisha, the police said. "Sahu, President of Posco Pratirodh Sangram Samiti (PPSS), was held by a police team at Nuapokhari last night when he was returning from Bhubaneswar to his village," IIC of Tritol...
  • Agitators stall work for second day at Posco site June 27, 2011

    Paradip: Agitators stalled work for the second day on Monday at Posco's mega steel plant project near Paradip in Orissa's Jagatsinghpur district as prohibitory orders were clamped. Slogan-shouting youths, women and children marched to Noliasahi-Polang area in the Nuagaon panchayat where the boundary wall and rehabilitation colonies were being built...
  • 6 years on, Posco Orissa project still on paper June 21, 2011

    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...
  • Jairam grants final approval to Posco project May 2, 2011

    New Delhi: Environment Minister Jairam Ramesh on Monday granted final approval to Orissa for diversion of 1,253 hectares of forest land for Posco's steel project but said the South Korean steel major should not export raw material from the proposed project. "...In view of the state government's latest communication of...
  • No respite for POSCO despite green nod February 3, 2011

    Jagatsinghpur (Orissa): Environment Minister Jairam Ramesh may have given the green signal to POSCO, but the steel plant project may not come up anytime soon. Orissa Chief Minister Naveen Patnaik may have felt very relieved after Ramesh cleared the project, but in Jagatsinghpur, Orissa clearance of the Rs 51,000 crore project...
  • One killed, 12 injured in Orissa clash May 12, 2010

    Jajpur: Agitation against land acquisition for industry raised its head once again in Orissa's steel hub in Kalinga Nagar where one person was killed and 12 others were injured following a clash between villagers and police on Wednesday. Trouble erupted in Chandia when some villagers, facing displacement due to...
  • ArcelorMittal may shift projects within India: chief January 7, 2010

    New Delhi: No. 1 global steelmaker ArcelorMittal may consider shifting the location of its steel projects within India, said company chairman Lakshmi Mittal on Thursday. When asked whether the company may consider shifting its project in Orissa to some other place such as Karnataka, Mittal said: "Which is possible." "Steel plants cannot...
  • POSCO to start work in 2010 on Orissa plant August 27, 2009

    Bhubaneshwar: South Korean steelmaker POSCO will start construction early next year of a $12 billion project in India that has been delayed by farmers' protests, the company president said. The plant in Orissa, touted as India's biggest foreign direct investment, has been delayed by more than two years due to protests...
  • Pro, anti-Posco activists clash in Orissa; one dead June 21, 2008

    Bhubaneshwar: One person has been killed and two others injured in clashes at the project site of South Korean steel producer Posco in Govindpur village of Orissa's Jagatsinghpur district. Anti-Posco activists and project supporters clashed late on Friday night. The injured, all of whom are anti-Posco activists, were taken to the hospital...
  • POSCO to start Orissa project on time May 23, 2007

    Seoul: World's third-largest steel maker POSCO on Wednesday said it would start building a steel complex project in Orissa in October as scheduled despite encountering local opposition. "We expect to solve the problem soon in securing land and start construction in October," POSCO's chief financial officer Lee Dong-hee said. In 2005,...
  • Mittal hasn't given up on Jharkhand: CM June 19, 2007

    New Delhi: The Mittal group is keen to set up a steel plant in Jharkhand and will not go anywhere else, Jharkhand Chief Minister Madhu Koda told PTI on Monday. Denying reports in a section of the media that Mittals took back the proposal to set up a steel plant...
  • Cops set to strike POSCO protestors April 11, 2007

    Jagatsinghpur (Orissa): Almost two years after South Korean steel giant POSCO signed an MoU with the Orissa Government, battlelines to acquire land for the proposed 12 million tonne steel plant have been drawn. "If the Central Government, Orissa government and the people of Orissa support us then we won't withdraw the...
  • Tata, Posco out to woo Orissa tribals September 12, 2006

    Bhubaneswar: Steel giants in Orissa are out for an image makeover. Hit by local protests and the killing of 13 tribals in Kalinganagar earlier this year, they are now trying their best to woo the locals. On January 2, 2006, tribals in Kalinganagar were protesting against the alleged takeover of...