No information on Mittal pullout, say Orissa, JharkhandOctober 5th, 2009 BHUBANESWAR/RANCHI - A day after a noted British paper said steel giant ArcelorMittal was close to pulling out its proposed steel projects in Jharkhand and Orissa, the states Monday said they had not received any communication in this regard. "I have no information on that.
Orissa reviews progress of 14 greenfield projectsSeptember 17th, 2009 BHUBANESWAR - The Orissa government Thursday held a meeting to review 14 greenfield projects underway in the state, an official said. "We reviewed the progress of 14 big projects.
Land acquisition major problem for Orissa's mega projectsSeptember 17th, 2009 BHUBANESWAR - The Orissa government, which Thursday reviewed the progress of 14 greenfield projects underway in the state, said most of the companies setting up these projects have not completed land acquisition. "Acquiring land is the biggest problem before these mega projects.
Posco to set up social foundation in OrissaSeptember 15th, 2009 BHUBANESWAR - South Korean steel major Posco will establish a social responsibility foundation to promote understanding on its Orissa project which is the largest foreign direct investment in India, a senior company official here said Tuesday. The company is going to set up a foundation to deal with different CSR (corporate social responsibility) activities like vocational training, health care and food arrangements for the poor people, Posco CEO Joon-Yang Chung told reporters.
Government not to sell stake in National AluminiumAugust 19th, 2009 NEW DELHI - The government has ruled out selling its stake in National Aluminium Co (NALCO) and Hindustan Copper Ltd. "There are no plans to sell stake in these companies.
Steel company announces plans for Mississippi plant that could bring 50 jobsJuly 17th, 2009 Steel company announces plans for Miss. plantCOLUMBUS, Miss.
Steel plants to soon get iron ore mining licensesJuly 8th, 2009 NEW DELHI - India will speed up the process of granting iron ore mining licenses to various steel companies, including South Korea's Posco, Steel Minister Virbhadra Singh said here Wednesday. "We are planning to almost double the production of steel and for that we have to speed up greenfield projects," Singh told reporters on the sidelines of a steel conference.
Helping steel majors set up units top priority: Virbhadra SinghJune 28th, 2009 SHIMLA - The priority of his ministry would be to help steel majors set up their stalled projects, Steel Minister Virbhadra Singh said here Sunday. "The priority of our government is to enable steel majors like Mittal Steel, Essar Steel, the Jindal group and Posco set up their units in the country," Singh told IANS in an informal interaction at his residence.
Naveen violated model code to favour Posco: BJPMay 11th, 2009 BHUBANESWAR - The Bharatiya Janata Party (BJP) Monday alleged that Orissa Chief Minister Naveen Patnaik violated the model code of conduct to favour South Korean steel maker Posco. 'Patnaik passed orders favouring Posco with mining lease of over an area of 25 sq km in Khandadhar hill in Sundargarh district,' the state BJP alleged, in a complaint to the Election Commission.
Anti-Posco leaders win local body polls in OrissaMay 6th, 2009 BHUBANESWAR - Two leaders of the protest movement against a proposed steel plant being set up by South Korean steel major Posco in Orissa Wednesday won the local body elections held in the region Tuesday, officials said. The election in Dhinkia panchayat, the centre of the anti-Posco struggle in Jagatsinghpur district, was postponed in 2007 after clashes between supporters of the project and those opposed to it.
Choon-Kuhn Kwon is new head of POSCO-IndiaMarch 7th, 2009 BHUBANESWAR - POSCO-India, which is setting up a $12-billion steel plant in Orissa's Jagatsinghpur district, Friday announced that it has appointed Choon-Kuhn Kwon as its new chairman and managing director (CMD). The 55-year-old Kwon, one of the directors of the South Korea-based parent company POSCO, is well acquainted with the Jagatsinghpur project and has been associated with it since its conceptualisation, a company statement said.
Tata Steel puts fresh acquisition on holdFebruary 12th, 2009 KOLKATA - Steel major Tata Steel will not focus on any acquisition 'for the time being', a top company official said here Friday. 'We will go slow on acquisition plans.
Paramilitary trooper kills colleague, commits suicide in OrissaJanuary 25th, 2009 BHUBANESWAR - A paramilitary trooper fired indiscriminately at his colleagues, killing one at the spot and injuring three others, and then shot himself dead in an Orissa steel plant Monday, the police said. Constable Naresh Kumar of the Central Industrial Security Force (CISF) opened fire from his Service rifle at the Rourkela Steel Plant in Rourkela, some 500 km from here, Superintendent of Police S.K.
Mining approval for Posco divides Orissa's ruling coalitionJanuary 12th, 2009 BHUBANESWAR - Orissa's recommendation to the central government that South Korean steel major Posco be given rights to an iron ore mine in Sundergarh district has caused a divide in the state's ruling coalition, with the Bharatiya Janata Party (BJP) openly opposing the move. 'We are not happy with the government's recommendation of Posco.
Orissa clears mining lease for Posco amidst protestJanuary 10th, 2009 BHUBANESWAR - Orissa Sunday said it has again recommended South Korean steel major Posco, which is building a steel plant in the state, for Khandadhar iron ore mines despite opposition from other companies and locals. 'We have recommended the name of Posco for prospective licence of Khandadhar mines,' state steel and mines secretary A.M.R.
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