Hundreds of people defied police and participated in a rally on Tuesday to reiterate their opposition to the setting up of a mega steel plant by Posco-India in Jagatsinghpur district of Orissa.

The Supreme Court on Friday asked South Korean steel major Posco to approach the Orissa government for allotting demarcated mining area for its proposed Rs 51,000 crore mega steel plant.

One step forward and two steps backward. This apparently is how Posco's proposed mega Rs 51,000-crore steel plant in Orissa has progressed for last three years.

Steelmaker POSCO-India on Monday dropped its plan to perform the groundbreaking ceremony for the proposed 12 million tonne per annum mega steel project in Orissa on April 1.

The arbitrary takeover of land is one of the country's biggest faultlines today. New legislation proposed by the government does little to fix this, says VIJAYAN MJ

This is the fifth sustainability report issued by POSCO. The report demonstrates the responsibility to the stakeholders and reflects the activities towards sustainable development. This report covers the operations related to sustainability management at Pohang Works, Gwangyang Works, Pohang Head Office and Seoul Office. Related data from the major subsidiaries in Korea, India and China were also included. Subsidiary information covered in this report follows each company

The social cost benefit analysis approach allows an assessment of the impact of a project on the national economy unlike financial analysis, which looks at the impact of the project on the finances of the investors. For a project to be economically viable, it must be financially sustainable, apart from being economically efficient.

South Korean steel giant Posco's offer to invest Rs 52,000 crore in Orissa was the country's largest single foreign investment event ever and the excitement was palpable. The steel giant added to it by calculating the financial benefits for both state and central government over 30 years. It plotted out like this

This is rapid environment impact assessment report for the proposed integrated steel project to be setup near Paradip in Orissa by POSCO-India private limited. This report also discusses suggested EMP to contain the adverse impacts as revealed during impact assessment. Associated environmental risks affecting community health and safety are also outlined in this report.

Posco

Pages