SteelMin to pitch for green clearance to Posco project
The steel ministry has asked the environment ministry to expressly revalidate the green clearance to Posco’s stranded steel project in Orissa “to avoid unnecessary noises raised by NGOs and anti-project entities.”
The ministry would also begin fresh talks with the Naveen Patnaik government to stress the need to hand over the land required for the proposed plant.
The South Korean steel company had inked a MoU with Orissa in June 2005 to set up a 12 million tonne integrated steel project in Orissa’s Jagatsinghpur district at an estimated expenditure of Rs 53,000 crore, but the project has been dogged with land acquisition issues.