$12B steel project gets concession

Times of India reported that with the state government expediting the land acquisition process for the proposed POSCO steel plant in Jagatsinghpur district an anti POSCO outfit on Wednesday May 15th began an indefinite stir in the capital demanding ...

Land acquisition today resumed for Posco Steel's Rs 52,000 cr project in Odisha's

All India Kisan Sabha (AIKS) today expressed its "outrage" over the "arbitrary" arrest of POSCO Pratirodh Sangram Committee president and Odisha CPI state council assistant secretary Abhay Sahoo and demanded his release.

Business Standard reported that POSO India has welcomed the Supreme Court judgment on granting it prospecting license for Khandadhar iron ore mines in Sudergarh district of Odisha. Mr YW Yoon CMD of POSCO India said "We welcome the judgment of the ...

The Observatory has been informed by reliable sources of the arbitrary detention of Mr. Abhay Sahoo, President of the POSCO Pratirodh Sangram Samiti (PPSS), a movement that has been leading a eight-year campaign against forcible acquisition of ...

Nearly eight years have passed since South Korea's Posco planned to set up a $12-billion steel plant in Odisha's Paradip. The Indian foray that was billed as the single largest foreign direct investment (FDI) in the country, struggled to take off ...

It is not an all-clear for Posco India despite the Supreme Court (SC) setting aside the July 2010 order of the Odisha High Court, that had quashed the state government's recommendation for a PL (prospecting license) in favour of the company.

Indian Express reported that the steel ministry has asked the environment ministry to expressly revalidate the green clearance to POSCO's stranded steel project in Orissa to avoid unnecessary noises raised by NGOs and anti project entities. The ...

Posco India on Friday welcomed the ruling of the Supreme Court on the Khandadhar iron ore mining lease and hoped that the verdict will significantly help in expediting the Odisha project. Once we receive a copy of the full judgment, we will be in a ...