The showpiece proposed iron and steel project in Orissa by South Korean steel major POSCO faces a huge cloud of uncertainty with an expert panel set up by the Environment Ministry alleging violations of environmental laws. Three of its four members today recommended that all initial clearances to the project be cancelled. The lone dissenting voice was that of former Environment Secretary Meena Gupta who argued that there was no need...
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Posco hits Green hurdle by GS Mudur and Ashutosh Mishra
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...
More »Meena Gupta’s Posco report on Monday
The fate of South Korean steel giant Posco’s project in Orissa will be decided by early November. The decision will be taken before Prime Minister Manmohan Singh travels to Seoul for the G-20 meet in the second week of November. The environment ministry-appointed committee headed by former environment secretary Meena Gupta will submit its report on October 18. Sources said that there are indications that the panel will not be submitting...
More »Decision on Posco’s Orissa project next mth
A decision on South Korean steel major Posco’s project in Orissa is likely to be taken soon after the environment ministry appointed committee submits its report on October 11. Work on Posco’s Rs 54,0000-crore project in Jagatsinghpur was suspended following a stop-work order by the environment ministry in August. "The panel has almost finalised its report and will submit it to the ministry on October 11. It will be then discussed by...
More »MoEF team to inspect Posco site this week
The fact-finding team set up by the Union ministry of environment and forests (MoEF) last month to probe allegations of violations of the Forest Rights Act by Posco, the Korean steel major, for its proposed project in Orissa’s Jagatsinghpur district, will visit the site on Friday and Saturday. The team is led by Meena Gupta, a former secretary of this ministry and also of the tribal affairs one. The other members...
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