NEW DELHI Jan 31, 2011 (Reuters) -
India's environment ministry gave conditional approval on Monday for South Korean POSCO's (005490.KS: Quote) $12 billion steel mill, a government statement said, in a boost for the foreign investment climate after several setbacks for large-scale industrial projects.
The ministry also conditionally cleared the plant's captive port and power plant. (Reporting by Nigam Prusty; Writing by Alistair Scrutton; sourced:Reuters)
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