Posco Project

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  Tata Steel, South Korea’s POSCO to Jointly Develop Hyperloop Tubes

  Tata Steel Europe, a unit of India’s Tata Steel, and South Korea's POSCO will collaborate to develop steel tubes needed for high-speed hyperloop transportation systems, the companies said in a joint statement on Monday.

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  Not Quitting Odisha, Says South Korean Steel Giant Posco

  South Korean steel major Posco today said it is not quitting Odisha, even as its over $12 billion project has been hanging fire for almost a decade.

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  Kudankulam Nuclear Plant Restarts Power Generation

  Power generation at the Kudankulam Nuclear Power Project (KNPP) has restarted after the first unit's reactor and turbine tripped on January 14, said Power System Operation Corporation Ltd. (POSCO) today.

• Australian State Approves $2 Billion Rail Line for Adani Coal Project

  Adani Mining has won state approval to build a rail line for its $15 billion Carmichael coal project in Australia, it said on Thursday, bringing it a step closer towards making a final decision on whether to go ahead with the massive scheme.

• Odisha government to sign fresh agreement with Posco

  Optimistic about progress of Posco's Rs 52,000 crore steel project, Odisha government today said it would sign a fresh tripartite agreement with the South Korean steel major as the validity of the original MoU lapsed three years ago.

• Environment Ministry clears POSCO project in Odisha

  The Environment Ministry has given its go-ahead to POSCO's planned steel plant in Odisha, but has asked it to spend on "social commitments", a company spokesman said, raising the project's cost by $600 million to $12.6 billion.

• POSCO may soon get iron ore licence for Odisha plant

  India is expected to grant an iron ore exploration licence to POSCO for its planned $12 billion steel plant in the country, two government officials told Reuters, in a step that should speed up the project stuck for eight years.

• Top anti-Posco leader arrested

  Anti-Posco leader Abhay Sahu was arrested today in connection with several cases including a bomb blast in the proposed steel project site in Odisha's Jagatsinghpur district, the police said.

• POSCO's Rs 65,000 crores Odisha project boosted by Supreme Court order

  POSCO's planned Rs 65,000 crores project in India got a boost on Friday after the Supreme Court said the government will decide on giving the South Korean steelmaker's long-delayed plant preferential access to iron ore.

• Anti-Posco stir: women protesters strip to demand halt to land acquisition, withdrawal of police force

  The agitation against the proposed Posco steel project intensified in Odisha yesterday with angry women protesters stripping in public to demand a complete halt to the land acquisition by the government and withdrawal of police force from the site of the proposed plant.

• Odisha government resumes land acquisition in tense Posco project area

  Amid tension in proposed Posco plant area where three anti-project activists were killed last night while allegedly making bombs, Odisha government today resumed land acquisition for the mega steel project.

• 4 killed in bomb explosions in Odisha village opposing Posco project

  Four people were killed when crude bombs exploded in Patana village of Odisha's Jagatsinghpur district today. The village is considered to be a stronghold of groups opposing Posco's mega steel project.

• Stop maligning India, Steel Minister tells LN Mittal

  Steel Minister Beni Prasad Verma has said that NRI billionaire LN Mittal should stop "maligning" India and its government, asking why the steel baron was not setting up his plants in the country.

• POSCO stalled again: Green clearance cancelled

  The National Green Tribunal has suspended the environmental clearance given to South Korean steel giant Pohang Steel Corporation's (POSCO) mega steel project in Odisha in January 2011.

• Prime Minister's address to the Korean CEOs

  Investment from South Korea is a "priority" for India, visiting Prime Minister Manmohan Singh said on Monday, adding that the government was taking "proactive" steps to improve the business climate and move forward with the POSCO mega steel plant project in Orissa that has been plagued by farmer protests.