Ranchi/ Jamshedpur: The steel giant ArcelorMittal is all set to do what the Tatas did in Singur. Sources said the company was considering shifting its proposed Rs 40,000 crore greenfield integrated steel plant project from Torpa in Khunti district to another location within the state following stiff resistance by anti-displacement groups.

Facing resistance from villagers to acquire land in Khunti for its proposed Rs 50,000-crore steel plant, ArcelorMittal group is considering an option to shift the project to another location within the state of Jharkhand, a state government official said here.

BHUBANESWAR: The South Korean steel major Posco on Tuesday announced that the company will establish Posco Foundation to work for the people in the area affected by its steel plant project.

This was stated by Joon Yang Chung, the Chief Executive Officer (CEO) of Posco, after a meeting with Chief Minister Naveen Patnaik here which stretched for more than an hour.

Goa

Chhattisgarh asks business houses to acquire own land the Chhattisgarh government is planning to allow new industries in the state provided companies acquire land on their own from farmers. Executive director of the Chhattisgarh State Industrial Development Corporation, Avinash Bhatnagar, said over a dozen investors including the gmr group are awaiting land allotments for the

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BHUBANESWAR: Problems facing the South Korean giant Posco and the State Government over establishment of the steel plant near Paradip seems to be far from over. A day after clear indications of plant work beginning early next year, Posco Pratirodh Sangram Samiti (PPSS) on Thursday announced that the agitation against the project will continue till it is shelved.

PARADIP: District administration has taken initiative to expedite land acquisition and other activities for establishment of Posco steel project. The administration held a review meeting with Posco officials and Revenue officials recently in this regard.