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Bottlenecks for Posco to be removed soon

BHUBANESWAR: Concerned over the inordinate delay in the implementation of their 12 million tonne capacity steel project in the State, Posco-India’s Chairman-cum-Managing Director Soung Sik Cho on Saturday met Chief Minister Naveen Patnaik and discussed about the measures required to be taken by the State government in this regard.

According to official sources, Mr. Cho requested the Chief Minister to facilitate diversion of forest land to ensure acquisition of land for the project in Jagatsinghpur district of the State.

The matter with regard to diversion of a major chunk of the government land earmarked for the steel plant project in Jagatsinghpur is pending before the Supreme Court.

While non-diversion of forest land was delaying acquisition of government for the project, the company had so far not been able to acquire private land due to people’s opposition to displacement.

The company CMD also impressed upon the Chief Minister about the State government’s recommendation to the Centre about grant of prospecting licence with regard to the Khandadhar iron ore mines in Keonjhar district.

There has been delay in the State’s government sending the recommendation for the second time in view of the pendency of a few petitions in the High Court.

The petitions were filed challenging the government’s earlier decision recommending the Centre for grant of prospecting licence for Khandadhar mines to Posco-India.

Talking to presspersons after the meeting, Mr. Cho expressed hope that the bottlenecks will be removed soon paving the way for the smooth implementation of the project.

The company had signed the memorandum of understanding with the State government for the Rs. 51,000 crore steel project in June 2005.

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