The Orissa government will reply to the queries made by the Centre on the Meena Gupta panel report on Posco project in the next three days, Chief Secretary B K Patnaik said on Wednesday. “We will reply to the Centre on the panel’s reports within three days,” Patnaik told reporters here. The state government did not comment on the reports of the committee for the past two days. Smarting under the Union...

Steel giant Posco’s proposal for the largest foreign direct investment in India has failed to pass environment muster with a central panel picking flaws in the process to settle forest rights and approve the shortlisted site in Orissa. Three members of the four-person committee have recommended that the Union forest and environment ministry scrap its approvals while the remaining nominee has suggested that the exercise be carried out afresh. The panel’s recommendations...

Posco’s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world’s third largest steelmaker. Three of the four members of the panel suggested that approvals should be canceled because of “flaws in the studies, and shortcomings in the clearances granted” to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi....

An Indian government panel has recommended that environmental clearances for a steel plant to be built by South Korean company Posco be scrapped. The $12bn plant in Orissa is India's largest foreign investment project. Critics of the project say it will exhaust iron ore deposits in 20 years. India earlier rejected plans by mining giant Vedanta to extract bauxite in eastern Orissa state saying it would damage the local environment. A panel of India's...

The four-member review committee on Posco  will submit its report to the environment and forests ministry on Monday but it has already got mired in controversy with the chair of the panel, ex-environment secretary Meena Gupta, expected to give a dissent note while the other members provide a unanimous majority version. The fact that the chair of the committee was the senior-most bureaucrat in MoEF when environmental clearance was given to...