Jagatsinghpur: The barriers erected by villagers to cordon off South Korean steel major Posco's proposed steel plant new Paradip in Jagatsinghpur district have been removed, paving the way for site preparatory activities to resume on the much-delayed Rs 52,000 crore project. Work at the project site resumed on Saturday, after a gap of 25 days, when locals removed two bamboo gates erected by them at Gadakujanga and Nuagaon following talks with state government officials, Additional District Magistrate Surjeet Das said.

 

The signing of a $1.5bn agreement between African Minerals and China’s state-owned Shandong Iron & Steel Group should end some of the scepticism about the deal and broader reservations over the Aim market’s biggest company by market capitalisation.

Bangalore The Karnataka government has decided to hear out farmers over their objections filed against the land acquisition proceedings for the proposed R32,000-crore integrated steel plant by South Korean steel major Posco.

Armed policemen accompanying officials return to their makeshift camps
As the agitation continued to intensify over the Posco steel project, the Jagatsinghpur district administration on Tuesday did not acquire any land for the venture but continued the construction of a boundary wall on the land acquired earlier.

While senior leaders belonging to the Opposition Congress and the Communist Party

South Korean steel-maker Posco should be celebrating, having at last secured regulatory approval for a long-delayed $12bn steel project in the Indian state of Orissa.

Bhubaneswar The Orissa government on Monday declared the Posco Pratirodh Sangram Samiti (PPSS) dharna using children as human shields at Gobindpur unlawful after clamping Section 144 on the area.

The officials were released by Balisahi residents with a warning that they should not return to acquire land

In a dramatic turn of events, senior administration and police officials of Orissa's Jagatsinghpur district had a bitter experience on Monday when they went to carry out land acquisition for the proposed mega steel project of Posco.

Women took the lead in expressing their anger when t

Steel plant Boundary wall construction and demarcation work for the Posco steel plant near Paradip resumed this afternoon on assurances from officials on compensation, after disruption in the morning by villagers and members of the pro-project United Action Committee (UAC), restive at non-fulfillment of their six-point charter of demands.

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