Orissa govt gradually acquiring land for Posco

The Odisha government is gradually acquiring land for Pohang Steel Company (Posco) and now wants the company to begin its work on the already acquired land said Sunil Bhargav, Principal Resident Commissioner, Odisha while updating Pulok Chatterji, Principal Secretary in the PM’s office.

Chatterji had called Odisha chief secretary Bijay Patnaik to furnish a status update on Posco’s mega project, a fortnight before Prime Minister Manmohan Singh’s visit to South Korea.

“Odisha government updated that the state is gradually acquiring land for Posco and is monitoring the law and order situation. It indicated that Posco should begin work on the already acquired land to demonstrate its commitment,” said a source.

While Singh is expected to meet South Korean President Lee Myung-bak during his South Korea visit, Posco’s project is likely to come up as an agenda on the discussion table.

The project, the company’s first integrated one outside Pohang and Gwangyang in South Korea, has been stuck since June 2005, when Posco first signed the MoU with Odisha government.

The Rs 54,000 crore, 10 million tonne steel project, to come up at the coastal state’s Jagatsinghpur district, has received stiff local opposition over compensation and environment concerns.

“Posco officials have not been allowed to enter their project site and the company has not been able to execute their CSR activities. Since June 10, 2011, there is no progress on land acquisition due to local protests,” said a source close to the development.

[Source – Indian Express]

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