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Posco to invest $20 mn in Gujarat: Korean ambassador

South Korean steel giant Posco will establish a coil mill in Gujarat with investment of around USD 20 million, the country's Indian envoy said Wednesday.

Posco scraps Rs 30,000 cr steel project in Karnataka on delays

Facing inordinate delays in land acquisition and local opposition, South Korean steel major Posco on Tuesday scrapped its proposed Rs 30,000 crore project in Karnataka.

Posco seeks more time for Odisha SEZ

South Korean steel major Posco has sought more time from the Commerce Ministry for its over Rs 53,000 crore multi-product SEZ in Odisha, as it is yet to get adequate land from the state government.

Odisha to resume Posco land acquisition after a year

After halting land acquisition at the proposed plant site areas of Posco steel project near Paradip, Odisha government on Thursday announced plans to resume land acquisition tomorrow after a gap of one year.

Posco-India seeks further extension of its SEZ validity

Unable to get required land for its proposed multi-product SEZ within the stipulated time, Posco-India has sought Odisha government's recommendation for further extension of the in-principle approval for the purpose, official sources said.

Expert team to submit report on Posco by October

An expert team reviewing the environmental impact assessment of Posco's proposed $12 billion steel plant in Odisha will submit its report by October, the team said here Wednesday.

Tripartite agreement for Posco project soon: Odisha govt

Optimistic of acquiring the remaining 700 acres of land for the proposed Posco steel project near Paradip, the Odisha government on Tuesday said it was all set to enter into a tripartite agreement for establishment of the greenfield plant.

Assurance on Posco steel project

Amidst uncertainty over the implementation of the Rs 52,000 crore Posco project, the Orissa government on Monday assured that the mega steel plant would certainly come up near Paradip as planned.

Posco moving to different place: Mines Minister

BK Handique, Mines Minister, on Tuesday said that South Korean steel maker Posco is moving out of Orissa to a different. He sighted the land acquisition as the main reason.

Posco withdraws suit against SAIL

Posco E&C, part of South Korean steel giant Posco, on Friday withdrew its suit in the Delhi High Court against state-run SAIL for terminating a Rs 2,000-crore order.