VISAKHAPATNAM: The Centre is trying its best to secure captive iron ore mines to help Rashtriya Ispat Nigam Ltd (Visakhapatnam steel plant) in its second phase of expansion, according to the Union Secretary, Mr D.R.S. Chaudhary. The expansion will see the … Continue reading
Bhubaneswar: The South Korean steel major, Posco, will make a last ditch effort next week to revive its 12 million tonne steel project in Orissa. The Posco-India chairman-cum-managing director, Yong Won Yoon, will meet the chief minister, Naveen Patnaik, on May … Continue reading
Indian economic policy had got a stinker from the United Nations, which described its land acquisition in Orissa and West Bengal for industrialization, bad for natural resources. In its Asia Pacific Human Development Report, the United Nations Development Fund said … Continue reading
The claim by Karnataka minister for major and medium industries Murugesh Nirani that farmers in Halligudi and other villages in Gadag district were willing to part with their land to accommodate Posco Steel Industry, has again set off some ripples … Continue reading
Karnataka chief minister D V Sadananda Gowda will decide next week whether or not to provide alternative land to POSCO for setting up a steel plant at Halligudi following stiff resistance from farmers, State Industries Minister Murgesh Nirani said today. … Continue reading
The state government will set the ball rolling for acquisition of additional 700 acres of land for the Posco steel mill proposed near Paradip in Jagatsinghpur district after due consultation with affected locals. “The district administration will hold talks with … Continue reading
NEW DELHI: A high level committee of the environment ministry has refused clearances for SAIL’s three key iron ore mines in Jharkhand’s West Singhbhum district, as the area is severely polluted and appropriate control measures are not in place. The … Continue reading
A couple of months after Posco-India complained about the state developing cold feet towards acquisition of land for the company’s proposed 12 billion dollar steel plant near Paradip, billed as the country’s largest FDI (Foreign Direct Investment) project, an angry … Continue reading
Chairman and Managing Director of the company Vijaylaxmi Joshi will visit Tokyo and Seoul next month to sign contracts State-owned trading giant MMTC next month will sign iron ore supply contracts with Japanese and South Korean steel companies including Posco, … Continue reading
After a long gap, the officials of Posco-India led by its director K Lee have visited the site of the company’s mega steel plant near Paradip and interacted with few villagers in Nuagaon to assess their reaction before initiating any … Continue reading