World's largest steelmaker ArcelorMittal has asked the Orissa government to treat its proposed INR 50,000 crore project on the issue of mining lease at par with other big ticket investments.
Mr Sanak Mishra ArcelorMittal's project chief in India told Industries and Steel and Mines Minister Raghunath Mohanty in a meeting said that "Treat us at par with other mega projects on mining.”
Mr Mishra said the company's proposal seeking clearance from forest department, which was submitted to the state government in January, had also not been processed so far.
He said that "We have already completed environmental impact survey in the project area last December.”
Though his company's proposal to the government was yet to be taken up, applications of many others were being considered, he said without naming any company.
ArcelorMittal is planning to set up a steel mill of 12 million tonne per annum capacity in Keonjhar district in the state which entails an investment of INR 50,000 crore. However, the company is yet get various regulatory clearance for mining.
(Sourced from http://www.steelguru.com/news/index/2009/09/19/MTEyMzg0/ArcelorMittal_seeks_equal_treatment_for_its_Orissa_project.html)
Friday, September 18, 2009
ArcelorMittal seeks equal treatment for its Orissa project
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