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POSCO welcomes Supreme Court order

-The Hindu Bhubaneswar: POSCO India on Friday welcomed the Supreme Court's order in the Khandadhar iron ore mine case and hoped the verdict would expedite its proposed project in Odisha. "We welcome the judgment by the Supreme Court on the Khandadhar mining case. Once we receive the copy of the full judgment, we will be in a better position to comment upon. However, we believe that this will significantly help to expedite...

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Not in the court room

-The Indian Express Three decisions by the apex court return the power to make policy to the executive The Supreme Court's decision on Friday to set aside the Orissa high court order against allocation of an iron ore mine to steel major POSCO - it has asked the Centre to examine objections and take a final decision - follows two other major court decisions. Early this month, the court dismissed a PIL...

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POSCO mining licence: SC puts the ball in Centre's court

-PTI   The Supreme Court today set aside the Orissa High Court order which had quashed state government's petition to allot iron ore licence to South Korean steel major POSCO in Khandadhar hills in Sundergarh district for a multi-crore steel plant. A bench headed by Justice R M Lodha asked the Centre to consider all the objections raised by various parties pertaining to the mega steel plant and take a decision. The court was...

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SC tells Centre to decide on mining licence to POSCO

-PTI NEW DELHI: The Centre will decide if South Korean steel maker POSCO will get iron ore for its steel plant in Odisha. The Supreme Court on Friday quashed Orissa high court's order which had set aside state govt's petition to allot iron ore licence to POSCO in Khandadhar hills. The apex court referred the matter to the Centre asking it to consider all objections raised by various parties against allotment...

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Orissa to complete procuring land for POSCO plant in two weeks

-Bloomberg The entire land could be handed over by June to POSCO, which already has about 1,700 acres in its possession Mumbai: Orissa expects to complete procuring land needed forPOSCO's steel complex in less than two weeks as farmers relinquish their opposition on the proposed $12 billion project. About 200 acres (81 hectares) out of the total 2,700 acres are left to be acquired from local residents, said Satya Kumar Mallick, the administrative...

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