The company has so far got 500 acres while the govt claims to have acquired 2,000 acres
South Korean steel major Posco and Odisha government have agreed to set up an 8 million tonne per annum (mtpa) steel plant near Paradeep in Odisha in two phases, downsizing it from the earlier plan of 12 mtpa. The company is also willing to settle for less land – 2,700 acres instead of 4,004 acres – to set up its plant.