Korean steel giant Pohang Steel Company (POSCO) will begin the construction work for its 12 million integrated steel plant in Orissa by April next year and there is nothing from the Centre's side which is withholding the project.
"There is nothing from our side which is withholding the POSCO project. We have assured that we would do whatever is needed to be done on our part," Steel Minister Ram Vilas Paswan told the Economic Editors' Conference here on Wednesday.
Secretary, Steel Ministry, R S Pandey said POSCO will begin construction of its plant in April next year and commence production two years later.
Source : The Hindu
15th November, 2007
POSCO to begin construction by Arpil 08