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Govt: POSCO can resume Work on Acquired Land |
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Written by Odisha News Today Team
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Friday, 28 October 2011 10:56 |
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Bhubaneswar: In a significant development, the Odisha government has said that the South Korean steel giant, POSCO can resume work on the acquired land near Paradip anytime it wishes.
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POSCO has already acquired 2000 acres of government land during the acquisition process run by the Odisha government. The company will set up a 12-million tonne steel plant near Paradip.
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Amidst stiff opposition from the anti-POSCO activists during land acquisition and repeated obstructions at the construction site, the fate of POSCO project hangs in balance.
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The issue of renewal of the MoU with POSCO has also become a bone of contention between the company and Odisha government. Chief Secretary BK Patnaik said that the issue is being looked upon by the Law department.
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