Posco Orissa plant could start steel output by ’18

Feb 05 2013, 06:49 IST
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Posco Orissa plant could start steel output by ’18. Posco Orissa plant could start steel output by ’18.
SummaryThe first phase of Posco’s $12-billion Orissa project — India’s single-largest foreign direct investment — could start churning out steel by 2018, three persons with direct knowledge of the development told FE.

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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