The Rs 50,000-crore project involves acquisition of around 10,000 acres of land.
We are already working among the people at Tontaposhi with community development projects; as and when the R&R policy gets formalised we will hasten our speed (on the project), said HM Nerurkar, Tata Steel managing director (India & South East Asia), speaking to the media here at the Republic Day celebrations at the companys works here on Tuesday.
Jharkhand had under the last NDA government brought out an R&R policy which, though passed by the state cabinet, was not ratified by the Assembly.
Delivering his Republic Day speech on Tuesday, state deputy chief minister Raghubar Das, who also holds the finance, urban development, energy and housing portfolios, mentioned that the new government would review the existing R&R policy document keeping in mind that those being displaced got a better deal.
This will give more credibility to the establishment of industry in the state, he added.
Nerurkar said the states R&R policy should be in line with that of the states surrounding Jharkhand and once the policy was formalised, would form the basis to commence work on projects.
Among the mega greenfield projects Jharkhand had signed MoUs in 2004 and 2005 include that of Tata Steel (12 mtpa), Essar Steel (10 mtpa), Jindal Steel & Power Lsd (at two locations of 6 mtpa & 5 mtpa), ArcelorMittal (12 mtpa) and Jindal South-West (10 mtpa).
Except for one of JSPLs units, which bought over a closed plant of Bihar Alloy Steel Lsd (BASL) at Patratu in Hazaribagh district located on around 550 acres to set up a 6 mtpa steel plant and needs to acquire another 2,000 acres for the project to become a reality, there has been little progress by others on the land front.
The Tata Steel managing director said the company, like others, had a lot of expectations from the newly elected government in Jharkhand as it should provide stability and resolve the current law & order problem in the steel city and at other places.
The government should move towards industrialisation and urbanisation and as there was a sizeable number of poor as well as tribals in the state who had not been served properly yet, a lot needed to be done in that direction.
Nerurkar said the companys 6 mtpa greenfield Kalinganagar project, work on which had already started, would pick up pace in the next couple of months with the help of the people.