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Posco not to quit Odisha project

South Korean steel major Posco on Friday said it would not pull out of its Rs 52,000-crore steel project at Jagatsinghpur in Odisha.

Settle Posco's ore lease issue without delay: Centre to Odisha

The development comes in the wake of a high-level panel's meeting last month. The committee was formed to address issues impeding mega projects in the steel sector.

'Posco green nod will enthuse Korean cos to invest in India'

India's environment clearance to the Rs 52,000 crore Posco steel project will inspire other big companies to invest in the country, Korea said today.

Posco steel plant in Odisha to be operational in few weeks: PM

The much-delayed USD 12 billion Posco steel project in Odisha is set to be operational in the next few weeks and granting of mining concession to the South Korean firm was in an advanced stage of processing, Prime Minister Manmohan Singh said on Thursday.

Odisha govt to sign fresh agreement with Posco

Optimistic about progress of Posco's Rs 52,000 crore steel project, Odisha government today said it would sign a fresh tripartite agreement with the South Korean steel major as the validity of the original MoU lapsed three years ago.

UN panel asks POSCO to halt $12-bn Odisha project

In another jolt to South Korean steel giant POSCO, a UN Human Rights panel on Tuesday asked it to immediately halt the USD 12-billion mega port-to-steel plant project in Odisha alleging possible displacement of thousands of people and disruption in their livelihoods.

Odisha close to finish land acquisition for Posco

"We require only 70 acre of land to reach the target of 2,700 acre of land for the purpose of Posco's mega steel plant in Dhinkia area," said Surjit Das, additional district magistrate (ADM) posted at Paradip.

Land clearing on in Posco site amidst protests

Paradip additional district magistrate Surjeet Das said a total of 15 betel vines were dismantled and 385 horticultural plants cut down during the day. "We also cleared a large chunk of kewda plantations by using excavators."

SC vacates stay on Posco, ask Centre to take call

The Supreme Court Friday set aside the Orissa High Court order which had quashed state government's petition to allot iron ore licence to South Korean steel major Posco in Khandadhar hills in Sundergarh district for a multi-crore steel plant.

Anti-posco women supporters go on dharna

They claimed that they feared a police crackdown after the end of the budget session in the assembly and that the presence of policemen was a cause of tension for women and girls at Gobindpur village.

Govt plans to make Posco independent regulator

The government is working on plans to make Posco, which manages electricity grids in the country, an independent regulator to ensure stringent grid discipline.