Monday, 07 Feb 2011
The anti POSCO movement has decided not to give 'even an inch of land' for the mega steel project in Orissa even as the state government there is gearing itself to start land acquisition over the next two weeks.
POSCO Pratirodh Sangram Samiti chairman Mr Abhaya Sahu said that anti POSCO movement is passing through a very critical stage after Union Minister for Environment and Forest Mr Jayram Ramesh gave clearance for the project.
He said “We have been fighting for the last five and half years. We will not give up the fight. People are ready to fight till the last drop of blood in their body.”
Mr Sahu said that people are facing the government sponsored repression on the behalf of South Korean company adding that whatever conditions that are laid down by Ministry of Environment and Forest for the project are merely an eyewash.
He said "The state government is preparing itself for land acquisition in next two weeks time. But the anti POSCO moment has decided not to give even an inch of land for the project.”
(Sourced from PTI)
Showing posts with label mega steel plants. Show all posts
Showing posts with label mega steel plants. Show all posts
Monday, February 7, 2011
Monday, January 24, 2011
Ernst and Young suggest UMPP model for steel plants in India
Monday, 24 Jan 2011
Ernst and Young said that India should look at setting up ’mega steel plants’ on the lines of 4,000 MW ultra mega power projects being built in the country to accelerate growth in the decade.
Mr Anjani Agrawal partner and metals & Mining leader with E&Y said that “The model for ultra mega power projects can be adapted to set up mega steel projects. We should get all stake holders together, conduct techno commercial studies to identify specific locations for the large plants, just as we did for UMPPs.”
He said that E&Y has been floating the idea to address the challenge of slow capacity addition in India as the country has been a net importer of steel since 2007.
Mr Agrawal said that just like UMPPs, government can set up Special Purpose Vehicles, while giving all the licenses, clearances and linkages unto it and then auction the SPV on the lines of recently done 3G spectrum bidding.
Mr Agrawal, however, refused to comment on what should be the plant size in India to be considered as mega. He said “This is an idea which appears viable, needs to be applied in the right earnest and with due sensitivity. We thought big for power sector through UMPPs. Now it is time to think something similar for steel.”
Mr Agrawal further said that the “money raised through auction must be applied inter alia, to build enabling physical and social infrastructure as well as capacity building of related communities in a sustainable manner.”
(Sourced from PTI)
Ernst and Young said that India should look at setting up ’mega steel plants’ on the lines of 4,000 MW ultra mega power projects being built in the country to accelerate growth in the decade.
Mr Anjani Agrawal partner and metals & Mining leader with E&Y said that “The model for ultra mega power projects can be adapted to set up mega steel projects. We should get all stake holders together, conduct techno commercial studies to identify specific locations for the large plants, just as we did for UMPPs.”
He said that E&Y has been floating the idea to address the challenge of slow capacity addition in India as the country has been a net importer of steel since 2007.
Mr Agrawal said that just like UMPPs, government can set up Special Purpose Vehicles, while giving all the licenses, clearances and linkages unto it and then auction the SPV on the lines of recently done 3G spectrum bidding.
Mr Agrawal, however, refused to comment on what should be the plant size in India to be considered as mega. He said “This is an idea which appears viable, needs to be applied in the right earnest and with due sensitivity. We thought big for power sector through UMPPs. Now it is time to think something similar for steel.”
Mr Agrawal further said that the “money raised through auction must be applied inter alia, to build enabling physical and social infrastructure as well as capacity building of related communities in a sustainable manner.”
(Sourced from PTI)
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