A senior state government official said that the land acquisition process for ArcelorMittal s proposed INR 42,000 crore green field integrated steel plant in Jharkhand has already begun.
Mr AP Singh Secretary Jharkhand Industry said that the land registration for the proposed steel plant of ArcelorMittal has begun in Kasmar Petrawar in Bokaro district since December last.
He was in Adityapur to take part in the inauguration of Hi Tech Design Lab and foundation stone laying ceremony of Hi Tech Testing Lab building.
Asked how many of acres of land has been registered so far, the Industry secretary said it was below 50 acres and attributed the slow pace of land registration process due to panchayet election and National Games.
Mr Singh said the construction work would not begin till the steel giant acquired at least 500 acres of land as 500 to 550 acres land was required even for a million tonne capacity steel plant whereas ArcelorMittal has proposed to set up a 10 million tonne capacity steel plant in Jharkhand.
He said ArcelorMittal requires 2,200 acres land to start work for the first phase. It had signed a MoU with the Jharkhand government for the proposed steel plant in October 2005.
Mr AP Singh Secretary Jharkhand Industry said that the land registration for the proposed steel plant of ArcelorMittal has begun in Kasmar Petrawar in Bokaro district since December last.
He was in Adityapur to take part in the inauguration of Hi Tech Design Lab and foundation stone laying ceremony of Hi Tech Testing Lab building.
Asked how many of acres of land has been registered so far, the Industry secretary said it was below 50 acres and attributed the slow pace of land registration process due to panchayet election and National Games.
Mr Singh said the construction work would not begin till the steel giant acquired at least 500 acres of land as 500 to 550 acres land was required even for a million tonne capacity steel plant whereas ArcelorMittal has proposed to set up a 10 million tonne capacity steel plant in Jharkhand.
He said ArcelorMittal requires 2,200 acres land to start work for the first phase. It had signed a MoU with the Jharkhand government for the proposed steel plant in October 2005.
(sourced BusinessToday)
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