Posco Orissa plant could start steel output by ’18

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Kiritika Suneja, Subhash Narayan: New Delhi, Feb 05 2013, 00:04 IST
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in 2,700 acres. It will go up to the planned 12 MT capacity depending on land availability.

“Demands of everyone who came forward with their claims on betel vines at the project site have been settled amicably. There could be some resistance even now, but we are hopeful this would be sorted out by the state government soon,” said another person associated with activities of Posco India since inception.

In March, 2012, the project’s EC was suspended by the National Green Tribunal after a 2011 clearance from the environment ministry.

“Everything is clear from our side. A subcommittee of the expert appraisal committee had visited the site and given a positive report,” said an environment ministry official. A Posco official said the project was pending at minister Jayanthi Natarajan’s level.

The company is also expecting a positive outcome of the case in Supreme Court over granting prospecting licence for 600 MT Khandhadhar iron ore mines soon. “With the final judgment expected in two months, Posco could get necessary iron ore mines that could support ore needs of entire 12 MT plant for 30 years,” said an Orissa government official. The state had won a similar case in the apex court earlier.

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