Canalys
The Telegraph
 
 
IN TODAY'S PAPER
WEEKLY FEATURES
CITY NEWSLINES
FEEDS
  RSS
  My Yahoo!
SEARCH
 
Archives Web
 
ARCHIVES
Since 1st March, 1999
 
THE TELEGRAPH
 
 
Email This Page
Posco set to miss April 1 target

Bhubaneswar, March 23: From a war cry, the chief minister’s Posco claims resemble more a whimper nowadays.

Naveen Patnaik’s hope to begin construction of the $12-billion mega steel plant near Paradip with South Korean steel maker Posco, sometime close to April 1, seems dashed — despite socio-economic survey and land demarcation processes being complete.

Uncertainty persists over the ground-breaking and foundation stone-laying ceremonies of the plant, as was evident from the statements made by the chief minister while he was talking with the media today.

Naveen, who earlier told the media that the construction would begin “according to schedule” (April 1), today was less certain. “Tomorrow is Monday. We will see what can be done,” he replied.

Naveen parried questions as to whether he would review the law and order situation in the proposed Posco plant area tomorrow. “Review of law and order situation is a routine process,” he said.

In December, the chief minister had hoped that the construction would begin according to schedule. “The target date for the construction has been given (April 1). And we hope that the foundation stone will be laid on the scheduled date,” Naveen had said.

Now, even Posco officials don’t seem sure of the date. “We will take a final decision tomorrow and let you know,” said Sasanka Patnaik, the Posco spokesperson. On October 19, 2007, Posco’s chief executive officer Lee Ku-taek had announced that the project would start from April 1, 2008.

“April 1, 2008, is the 40th anniversary of Posco and by then we will also be able to complete the ground-breaking ceremony for the Orissa project,” he had said after a meeting with the chief minister.

April 1 is also the state’s foundation day and celebrated as Utkal Diwas. The state was obviously keen on the date and could have used the occasion to generate political mileage.

Sources said the government has been in a dilemma, as the nod from the Union environment and forest ministry for the diversion of around 3,000 acres of forestland is yet to be obtained. Besides, possibilities of a showdown by anti-Posco protesters on that day are also forcing the government to review the date.

Top
Email This Page
 
 
BidMania