No information on Mittal pullout, say Orissa, Jharkhand (Lead)
October 5th, 2009 - 8:07 pm ICT by IANS ( Leave a comment )
Bhubaneswar/Ranchi, Oct 5 (IANS) A day after a noted British paper said steel giant ArcelorMittal was close to pulling out its proposed steel projects in Jharkhand and Orissa, the states Monday said they had not received any communication in this regard.
“I have no information on that. Maybe he (ArcelorMittal chairman Lakshmi N. Mittal) was talking about the land acquisition problems. The land acquisition process is still on in the state,” Orissa Chief Minister Naveen Patnaik told reporters in Bhubaneswar.
British daily Financial Times Sunday quoted Mittal as saying his company may pull out of the $20-billion plan to build greenfield steel projects in Jharkhand and Orissa.
Mittal said if the land acquisition problems were not resolved soon, the company would look for alternative sites for the projects.
Earlier Monday, Jharkhand Industries Secretary N.N. Sinha had made a statement similar to Naveen Patnaik’s.
“We have no information that ArcelorMittal is planning to wind up its greenfield steel project in the state,” Sinha told IANS in Ranchi.
Many industrial projects, including of ArcelorMittal, are facing land acquisition problems in the state, he said, adding: “But the state government is trying to resolve this problem.”
The steel maker has proposed to set up a 12-million-tonne steel plant in the bordering Khuti and Gumla districts of Jharkhand and another greenfield project in Orissa’s Keonjhar.
But the company is facing strong resistance from local residents against acquisition of their lands.
Television channel NDTV Profit quoting company sources reported Monday that ArcelorMittal has no plans to pull out of the Orissa and Jharkhand projects.
- Mittal pullout: Jharkhand says it has no information - Oct 05, 2009
- ArcelorMittal changes India strategy, focus on smaller units - Sep 16, 2010
- ArcelorMittal may shift plant to another site in Jharkhand - Mar 18, 2010
- Jharkhand concerned about Arcelor Mittal steel project - Jan 09, 2010
- ArcelorMittal to pursue steel projects in Orissa, Jharkhand - Nov 27, 2009
- ArcelorMittal explores other Jharkhand sites for steel plant - Feb 22, 2010
- Mittal's Orissa project very much on track: Patnaik - Jan 08, 2010
- ArcelorMittal to get government land for steel project - Feb 13, 2009
- Mittal's steel project in Karnataka to get first priority - Jun 03, 2010
- Posco relents, to set up steel plant in Karnataka - Jun 04, 2010
- Demand for resignation over POSCO unjustified, says Naveen Patnaik - Dec 15, 2010
- Jharkhand villagers protest transfer of land to ArcelorMittal - May 30, 2009
- Villagers protesting Mittal plant release officials - Oct 15, 2009
- Steel giants Arcelor and POSCO gear up for new ventures in Karnataka - Jan 08, 2010
- ArcelorMittal says it won't extend Canadian takeover offer - Dec 23, 2010
Tags: acquisition problems, arcelormittal, company sources, financial times, greenfield project, industrial projects, khuti, lakshmi n mittal, land acquisition, naveen patnaik, ndtv, ndtv profit, orissa, sinha, steel giant, steel maker, steel plant, steel project, steel projects, television channel