Violence at Posco Site on December 14, 2011
Violence at Posco Site on December 14, 2011
Bhubaneswar: The Centre on Thursday has sought the status report on Posco project from the State Government ahead of the next-round of India-South Korea to be held in Seoul on February 27.

The Steel and Mines Department has asked Industrial Infrastracture Development Corporation (IDCO), who was assigned the job to acquire land for the project near Paradip to prepare the status report.

Earlier, the Posco issue had been discussed at the top political level when South Korean President Lee Myung-Bak visited the country in 2010.

It is noteworthy to mention that, Posco-India has not been able to implement the mega steel project in Jagatsinghpur district, even seven years after signing the MoU with the State Government. The company proposed to invest Rs 52,000 crore in the project. The State Government had signed the MoU with Posco-India on June 22, 2006 for five years, which has already expired.

The project had obtained final forest clearance and environmental clearance from the Centre last year but work could not progress due to resistance from the people of seven villages near the project site at Paradip.

The situation turned volatile in December last year when one person was killed in a clash during construction of coastal corridor connecting Paradip township with the proposed plant site in Dhinkia area.

Though IDCO said it has already acquired about 2,000 acres for the purpose. However, the land could not be handed over to the company due to opposition from the local people.