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Posco, Uttam Galva to set up $3-bn steel plant in Maharashtra

It will initially build 1.5 million tonne per annum (MTPA) plant with a new technology from Posco at a cost of about USD 1.5 billion.

Odisha governemnt responsible for Posco uncertainty: Pradhan

The iron ore mines for the project was sent just three days before the new MMDR Act came into being, by then it was clear that mines would be allocated through auction route following modifications in the law.

Posco: Odisha asks Centre to respect international commitment

Odisha government on Friday said it would like the Centre to accept its recommendations in favour of Posco and termed Union Minister Narendra Singh Tomar's statement that the South Korean steel major too must participate in bidding in order to get mining lease, as "going back from international commitment".

Posco may have to bid for mines to feed Odisha plant

Caught between Odhisa's assurance and the Centre's ordinance for auction, South Korean major Posco's wait for getting mines to feed its 8 mtpa steel plant in the state is likely to be little longer than expected.

Govt delays decision on iron ore licence for POSCO's $12 bn plant

The company has yet to start work on the planned 12-million-tonnes-a-year plant due to stiff opposition to land acquisition and delays in securing permission to mine iron ore, a raw material for steel.

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.

Govt to expedite clearances to $12 bn Posco project: Sharma

Government is working to expedite clearances to USD 12 billion project of steel major Posco in Odisha that was awarded environment clearance last week, Commerce and Indutry Minister Anand Sharma said Wednesday.

Agitation during South Korean President Park`s visit

Rejecting environmental clearance for Posco`s s 52,000 crore steel plant project in Odisha, anti-displacement activists today decided to challenge it in the National Green Tribunal besides demonstrating during South Korean President Park Geun-Hye`s visit to India.

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.

Posco responsible for delay in EC to its steel plant: MoEF

The contention was, however, opposed by Posco India Pvt Ltd which told the bench headed by NGT Chairperson Justice Swatanter Kumar that environment clearances (EC) for both the projects were granted separately in the past and claimed it has provided all information, except mapping data.

Land acquisition underway for Posco plant

As many as ten betel vines were dismantled and more than 600 trees felled in Gobindpur area since yesterday with resumption of land acquisition, Additional District Magistrate, Paradip, Surjit Das said

Posco: Land acquisition after 3-day break stopped after protest

Land acquisition involving demolition of betel vines and felling of trees, which had been suspended since April 26, resumed at Gobindpur village near Paradip, a senior district administration official said.

Govt not to acquire land for Posco from Patana village

Odisha government has decided not to acquire any area for now at Patana village where three anti-Posco activists died while allegedly making bombs even as land acquisition for Posco steel plant in Jagatsinghpur district continued for the fourth day Wednesday.

Situation normal in Posco plant site in Odisha

With the pull-out of police forces from the proposed Posco steel plant site in Odisha's Jagatsinghpur district, the situation on Tuesday returned to normal in the area where tension had prevailed due to protest by anti-project activists using school children as human shield.

Clash stalls land acquisition for Posco project for sometime

The agitators, including women and children, gathered outside Gobindpur village where land acquisition was in progress and clashed with police personnel demanding withdrawal of force and stalling the operation for sometime.

'Posco, Severstal cannot have majority stake in proposed JVs'

The Steel Ministry on Tuesday said Posco and Severstal cannot have majority stakes in their proposed joint ventures with state-run SAIL and NMDC respectively, envisaging a total ivestment of Rs 36,000 crore.

We are a law abiding company: Posco

Amid a green panel suspending environment clearance to Posco's USD 12 billion steel project in Orissa, the South Korean steel major on Friday said it is a law abiding company and would comply with all the directives in this regard.

Tribunal questions the way Posco was given green nod

Slamming the way the Environment Ministry gave clearance to Posco steel project in Orissa, the National Green Tribunal today said the entire process to review it was "vitiated" and the environment impact assessment (EIA) should have been for its total production capacity and not one-third of it.

India doesn't need Centre's nod to set up captive port'

The government on Thursday said Korean steel giant Posco's Indian arm can set up a captive port near its plant in Odisha without any permission from the Centre.

Oppn demands judicial probe into Posco violence

Opposition parties in Orissa
on Thursday held the state government responsible for the death of a
man during a clash in the Posco steel plant site near Paradip
and demanded a judicial probe into the violence.