Announcement

Thursday, December 17, 2009

Lapse of SEZ permission not to affect main project – POSCO

Seeking the Orissa government's help for renewal of its permission for setting up a SEZ along with a 12 million tonne per annum steel plant in the state, POSCO India Pvt Ltd on Wednesday clarified that it would not affect the INR 51000 crore main project.

POSCO India the Indian arm of the South Korean steel major POSCO gave the clarification in view of the Centre's direction to apply afresh for permission to set up the SEZ.

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