The Centre has sought certain clarifications from Jharkhand on its recommendation to grant an iron ore mining licence to ArcelorMittal, a move that will further delay the steel giant's Rs 50,000-crore proposed steel plant in the mineral-rich state.
Move proposed on account of land acquisition problems
Disappointed over delays in the launch of its Rs 50,000-crore steel project in Jharkhand, global steel giant ArcelorMittal is set to relocate its plant proposed in Khunti-Gumla to Bokaro district in the state, mainly on account of land acquisition problems.
As Karnataka seeks investments from neighbouring States and countries, it is hoping that the upcoming Global Investors Meet will provide the perfect platform to showcase the State's
Drops Plan To Set Up Project In Khunti-Gumla After Tribals Refused To Part With Land
ARCELORMITTAL has finally called it quits at Khunti-Gumla in Jharkhand where it had originally decided to set up a 12-mtpa greenfield steel project at an estimated cost of Rs 50,000 crore. The MoU for the same was signed way back in 2005 and the site selected a year later.
Bangalore: Even as Orissa keeps dragging its feet over land acquisition for mega steel plant project, the Karnataka government has agreed to grant ArcelorMittal and Posco the required land for setting up steel plants on a 10-year lease.
BHUSHAN Steel will spend Rs 28,000 crore to build a 6 lakh tonnes steel plant in the Bellary region of Karnataka, a place other large steelmakers, including ArcelorMittal and Posco are also eyeing to build steel projects.
Education,Training Initiatives Help Firms Earn Trust Of Villagers
Rakhi Mazumdar KOLKATA
THERE was a time little Arsu Tadu hated going to school. She had to walk six kilometres every morning to reach a rundown shed, which was the local school in her neighbouring village near Rukka in mineral-rich Jharkhand.
Ishita Ayan Dutt / Kolkata February 18, 2010, 0:38 IST
State-run mining major NMDC is in talks with ArcelorMittal for its proposed 10-million tonne steel plant in Karnataka. NMDC sources claimed there had been preliminary discussions with the steel major for the proposed plant.
