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Home > News > Environment nod to lift cost of Posco's India plant to $12.6 billion > Environment nod to lift cost of Posco's India plant to $12.6 billion

Environment nod to lift cost of Posco's India plant to $12.6 billion [1]

Company has been asked to spend on 'social commitments', raising project costs by $600 mn

The environment ministry has given its go-ahead to Posco's planned steel plant in the country, but has asked it to spend on "social commitments", a company spokesman said, raising the project's cost by $600 million to $12.6 billion.

Publication Date: 
10/01/2014
Business Standard (New Delhi) [2]
Tags:
Orissa [3], POSCO [4], Environment Clearance (EC) [5], Land Acquisition [6], Iron And Steel Industry [7], Ministry of Mines [8], Environment [9]

Technology Partners: MimirTech

Source URL: http://admin.indiaenvironmentportal.org.in/news/environment-nod-lift-cost-poscos-india-plant-126-billion

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/environment-nod-lift-cost-poscos-india-plant-126-billion
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/orissa-0
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/posco
[5] http://admin.indiaenvironmentportal.org.in/thesaurus/environment-clearance-ec
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/land-acquisition
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/iron-and-steel-industry-0
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-mines
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/environment