Orissa reviews stalled Posco steel plant project
October 24th, 2009 - 1:28 am ICT by IANS ( Leave a comment )Bhubaneswar, Oct 23 (IANS) The Orissa government Friday reviewed the progress of a proposed $12 billion steel plant by South Korean major Posco that remains a non-starter due to land acquisition problems. The government has formed an advisory committee to expedite the project.
“We discussed how the project can be expedited. We have instructed the officials to finish the land acquisition process for the project,” state Steel and Mines Secretary Ashok Dalwai said.
So far about 500 acres of 6,000 acres land needed for the project has been acquired.
Reports said the government is trying to put the project on a fast track to meet the deadline of the South Korean premier’s visit Jan 26.
The state government has denied it.
“There is no deadline as such. But we are trying to galvanize the project as it is important for both the state and country as it is the biggest FDI (Foreign Direct Investment) in the country,” Dalwai said.
- Orissa hopes to win local support for Posco project - Jan 15, 2010
- Wrong site delaying Posco plan: Orissa Congress chief (Interview) - Jul 18, 2011
- Hundreds court arrest to protest Posco - Jun 06, 2011
- Land acquisition for Posco to resume despite protest - May 08, 2011
- Orissa stops land acquisition for POSCO project - Aug 08, 2010
- Anti-Posco agitators held, released - Jun 03, 2011
- Anti-Posco stir hots up in Orissa - Jun 11, 2011
- Hundreds court arrest to protest Posco (Lead) - Jun 06, 2011
- Rains halt Posco land acquisition - Jun 17, 2011
- Jairam seeks peaceful land acquisition for Posco - Jun 12, 2011
- Orissa villagers observe 'Black Day' to protest Posco pact - Jun 22, 2011
- Land acquisition for Posco project soon: Orissa - Jan 31, 2011
- Orissa assures it will expedite Posco project (Second Lead) - Jan 27, 2010
- Deadlock over Posco land acquisition continues - Jun 25, 2011
- Land acquisition for Posco resumes, despite protest - May 18, 2011
Tags: acquisition problems, advisory committee, ashok, fast track, foreign direct investment, orissa government, posco, state government, steel plant