-Outlook Bhubaneswar: Optimistic about progress of Posco's Rs 52,000 crore steel project, Odisha government today said it would sign a fresh tripartite agreement with the South Korean steel major as the validity of the original MoU lapsed three years ago. "The state government will sign a fresh agreement with Posco and Posco-India for setting up the proposed mega steel mill near Paradip," Steel and Mines minister R K Singh said while describing...

-The Telegraph Bhubaneswar: The state government today reacted sharply to the Centre's decision to reject Vedanta's plan to mine bauxite from the Niyamgiri hills in Kalahandi district. Mining of bauxite in the Niyamgiri hills was to be carried out by the state-owned Odisha Mining Corporation (OMC) and Sterlite Industries Limited, a Vedanta group subsidiary. Steel and mines minister Rajanikant Singh said: "It is really unfortunate. The UPA government is not serious about the...

-PTI     It could have been done in a more refined manner, it says The Centre on Thursday admitted before the Supreme Court that something went wrong with the coal blocks allocation and that it could have been done in a more refined manner. "We took the decision in good faith but something turned out to be wrong," Attorney-General Goolam E. Vahanvati told a three-judge Bench headed by Justice R.M. Lodha. "In hindsight, we can...

-The Telegraph New Delhi: The Supreme Court today overruled the Centre and directed it to set up a national regulator to deal with the mandatory environmental impact assessment processes for forest-related projects that can range from mining to industrial ventures. The implications of such a watchdog for industry were not immediately clear in the absence of specific modalities but a clearance logjam blamed on the environment ministry was seen as one of...

-Down to Earth Mining ministry opposes cap on iron ore production; environment ministry disregards recommendation to cancel licence of firms encroaching forestland The Central government has rejected a key recommendation of justice M B Shah Commission, that of putting a cap on iron ore production in Odisha. The commission has been probing illegal mining across the country. In its first report released recently, it had pegged the loss to the Odisha government...