-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 Hindu     Environment Ministry rejects Vedanta's plan to mine Niyamgiri The Union Environment Ministry has taken a decision in two high profile cases, rejecting the forest clearance for Vedanta's bauxite mining project in Niyamgiri Hills of Odisha, and renewing the stand-alone environmental clearance for Posco's eight million tonnes per annum steel plant. The rejection of Vedanta's proposal to dig in the Niyamgiri hills came after 12 village councils of Dongriya Kondh tribal groups...

-The Indian Express The environment ministry under Veerappa Moily has approved the $ 12.6 billion Posco steel plant in Orissa, the biggest foreign direct investment in India. The proposed 12 million-tonnes-per-year plant has been stuck for more than eight years due to delays in getting clearances and acquiring land. Top sources confirmed to The Indian Express that the steel plant got the green signal after it was delinked from the port project. It...

-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...

-The Indian Express Overriding the government's authority to grant environmental clearances, the Supreme Court on Monday ordered the setting up of a national regulator with offices across the country to appraise projects, enforce environmental norms for approvals and penalise polluters. The Green bench led by Justice A K Patnaik rejected the government's contention that it alone was the regulator under the Forest (Conservation) Act and that no one else could be appointed...