South Korean steel maker Posco’s plans to set up a 12 million tonne integrated steel plant in coastal Orissa may get delayed further.

Mining co has stalled work on its $12-B Steel Plant, delayed by over nine years, till major clearances are approved

Ten years ago, soon after the Congressled UPA came to power, Posco announced a $12 billion steel project in Odisha. It was, and remains, India’s largest foreign direct investment (FDI) proposal. A decade and two UPA terms later, the South Korean company is still struggling with clearances despite Prime Minister Manmohan Singh’s assurances on expediting approvals in January.

The Centre has sought a response from the Odisha government on grant of an iron ore licence to South Korean giant Posco for its R52,000-crore steel project.

The development comes in the wake of a high-level panel formed to address issues impeding mega projects in the steel sector.

The date would be applicable for fixing rates of land acquisition cases initiated before 2014

The state government has decided to consider January 1, 2014 as the cutoff date to evaluate the benchmark value of land, the same day when the revised land acquisition law, the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act (RFCTLAR&R), 2013, came into effect.

In a move to fast-track green nods, the government will digitise environment and forest clearances (EC and FC) at both the central and state levels.

Several land oustees on Sunday torched Posco's containerized office and dismantled a 300-metre boundary wall at Nuagaon in Jagatsinghpur district, triggering fresh tension in the steel company's pr

Posco India has furnished all information and documents pertaining to the required securing clearance to fell trees at the project site to the state government so that work at the site is expedite

Veerappa Moily has two seemingly incompatible jobs. As oil minister, he has overseen India’s petroleum and natural gas needs.

About 200 people from Sundargarh's Chelatoka and Fuljhor gram panchayats staged a protest in front of sarpanch office on Tuesday against the state government proposed move to recommend Khandadhar m