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Saturday, July 16, 2011

POSCO Karnataka steel plant to be relocated

Saturday, 16 Jul 2011

The Karnataka government seemed to have succumbed to protests by a section of farmers at Halligudi in the Gadag district against POSCO steel plant.

Mr BS Yeddyurappa chief minister of Karnataka said that the state government has decided to stall the POSCO project in Halligudi.

He said that the decision will not be changed.

Mr Yeddyurappa told reporters that “We have put a full stop on Halligudi as far the steel plant of POSCO is concerned. There is no rethink on it. The company has asked us to give them land in some other place. We are searching for an alternative site in other districts and we will announce the decision in a week.”

Earlier Mr Yeddyurappa had said that “The POSCO plant will not come up in Gadag district, even if farmers come forward to give lands. The government will relocate the project elsewhere, where farmers voluntarily give land.”

(Sourced from BS)

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