Govt to take final call on Posco project by Jan end
"By the end of January 2011," Environment Minister Jairam Ramesh told reporters here when asked about the government`s decision on the South Korean major`s USD 12 billion steel mill project in the coastal state.
The Ministry has put Posco project, which seeks diversion of 1,253.225 hectares of forest land for establishment of integrated steel plant and captive port in Jagatsinghpur district, under scanner citing alleged green law violations.
The Ministry has set up three panels — Forest Advisory Committee (FAC), Expert Appraisal Committee (EAC) of Coastal Regulation Zone and another EAC — to look after the green law violation issue.
The three panels are learnt to have submitted their reports.
Last week, South Korea had urged India to fast-track the steel project.