March 26th, 2012
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Posco may begin work at steel plant by July

posco steel Bhubaneswar: The state government is likely to hand over 2,700 acres to South Korean steel major Posco, and it would in all probability begin work on its Rs 52,000 crore steel plant in Odisha in July. “The Odisha government would start land acquisition work next month and is likely to hand over 2,700 acres of land to Posco by June in the wake of discussions with Prime Minister’s Office,” sources said.

The steel plant, proposed at Jagatsinghpur district in Odisha, has been in the dock for over six years due to land acquisition hurdles. Posco is in the possession of 500 acres. It requires 4,004 acres for the 12-MTPA-capacity plant. The state government so far has acquired about 2,000 acres.

The Odisha government told the PMO that Posco should at least begin work on the land already acquired for the project. Posco is yet to initiate any work at the proposed site due to opposition from the locals and activists against land acquisition. Besides, the environmental clearance for the project was also stuck for few years, before being given go-ahead early last year, with certain conditions.

The Posco Pratirodh Sangram Samiti has been spearheading the protests on behalf of the people against Posco steel in Jagatsinghpur.

The NC Saxena Committee and the Meena Gupta Committee instituted by Ministry of Environment and Forest (MoEF) had recommended the revocation of the existing environment and forest clearances to the project. It was pointed out there are gross violations of laws and rules such as Forest Rights Act, the Coastal Zone Notification Act and the Environmental Impact Assessment guideline. In addition, two of the three statutory committees also made recommendations against the coastal and forest clearances given to the POSCO project.


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