Posco shifts focus from Odisha project citing 'no progress'
Steel giant Posco has shifted its focus from the USD 12-billion proposed steel plant in Odisha citing "no progress" in the project.
Jul 17, 2015, 21:15 PM IST
Fresh blow to Posco as the firm needs to bid for ore mine
In a fresh blow to Posco, the South Korean steel major will be required to participate in auction to get iron ore mine to feed its USD 12 billion facility in Odisha instead of direct allotment as assured earlier.
Feb 05, 2015, 21:49 PM IST
$12 bn steel project still elusive for Posco
Posco has been given the green signal by Odisha to mine in the Khandadhar iron ore reserves in Sundargarh district for its Jagatsinghpur steel plant, but setting up the $12 billion project remains a distant dream as the company continues to face stiff resistance from the residents.
Nov 08, 2014, 21:07 PM IST