Announcement

Monday, November 2, 2009

POSCO aiming for project start by January

PTI reported that Orissa government is actively working to remove the hurdles coming in the way of the POSCO’s INR 54,000 crore mega steel plant project in Orissa so that it may get off the ground by January 2010.

Mr PK Rastogi steel secretary said “Orissa government is actively working to remove hurdles in the path of POSCO's proposed 12 million tonnes per annum project so that the company can have the groundbreaking ceremony in next 2-3 months, may be by January end.’

As per report, South Korean President Mr Lee Myung-bak, who is likely to visit POSCO's proposed plant site in Jagatsinghpur district of Orissa, may attend the ceremony.

Mr Myung-bak is scheduled to visit India as a guest for the Republic Day in January.

(Sourced from http://www.steelguru.com/news/index/2009/11/03/MTE4NDU1/POSCO_aiming_for_project_start_by_January.html)

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