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

Last Updated: Sunday, April 06, 2014, 14:15

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'

Last Updated: Friday, January 17, 2014, 16:41

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

Last Updated: Thursday, January 16, 2014, 16:34

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

Last Updated: Wednesday, January 15, 2014, 17:34

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.

Odisha govt to sign fresh agreement with Posco

Last Updated: Saturday, January 11, 2014, 22:45

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.

Agitation during South Korean President Park`s visit

Last Updated: Saturday, January 11, 2014, 17:40

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

Last Updated: Tuesday, October 01, 2013, 21:28

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

Last Updated: Sunday, August 25, 2013, 09:46

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.

Ramesh slams Naveen for Posco steel project delay

Last Updated: Saturday, August 17, 2013, 19:47

Mounting a scathing attack on Odisha Chief Minister Naveen Patnaik for inept governance, senior Congress leader Jairam Ramesh held BJD government responsible for inordinate delay in implementation of Posco steel project.

Recession, business concerns behind Arcelor, Posco exit: Beni

Last Updated: Sunday, August 04, 2013, 16:27

Recession in the global steel market coupled with "business concerns" may have driven steel giants ArcelorMittal and Posco to resort to scrapping their Indian projects worth USD 18 billion, Steel Minister Beni Prasad Verma said Sunday, breaking silence on their pullout.

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

Last Updated: Tuesday, July 16, 2013, 10:49

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.

Odisha close to finish land acquisition for Posco

Last Updated: Wednesday, May 15, 2013, 19:11

"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.