JSW Steel today claimed that the final hurdle before its Salboni project in West Bengal appears to be over as the State Government had agreed to regularise the possession of 297 acres, directly purchased from the farmers.
The company plans to build a three-million-tonne steel plant and a 300-MW captive power plant at Salboni.
JSW was holding the land – dispersed across the proposed project area of 4,334 acres — in small plots without due notification under section 14Y of the Land Reforms Act, 1955. The notification is required for holding over 24 acres in rural areas.