The statutory environment panel has revoked the clearance given to South Korean steel major Posco’s Rs 54,000-crore integrated steel plant and port project in Jagatsinghpur in Odisha, raising fears that the venture may get further delayed.
Posco will now have to go through the process of environmental clearance— at least some part it — all over again.

The expert appraisal committee on industry, which is the apex environmental clearance body for industrial projects, has asked the company to furnish detailed information on a variety of aspects, including iron ore linkage, layout plan for the project, waste management plan before it can consider fresh clearance.