Anti-POSCO body to observe Black Day on June 22

Opposing the Odisha government's recommendation of mining lease in favour of POSCO project, the CPI-backed POSCO Pratirodh Sangram Samiti has decided to observe Black Day on June 22 marking the 9th anniversary of the state signing MoU with the South Korean steel major in 2005

posco agitation

Bhubaneswar: Opposing the Odisha government's recommendation of mining lease in favour of POSCO project, the CPI-backed POSCO Pratirodh Sangram Samiti has decided to observe Black Day on June 22 marking the 9th anniversary of the state signing MoU with the South Korean steel major in 2005.

Though the state government signed the MoU with POSCO India on June 22, 2005 to set up mega steel plant at an investment of Rs 52,000 crore in Jagatsinghpur district, the project could not progress due to stiff resistance from the local villagers near Paradip. The state, however, acquired 2700 acre of land for the 8mtpa capacity steel plant by POSCO during the nine years time.