Profit

Environmental hurdles for Posco in Orissa

PUBLISHED ON: August 6, 2010 | Duration: 1 min, 57 sec

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In a major setback to steel giant Posco, Ministry of Environment and Forests has issued stop work order at its steel plant site in Orissa for violating Forest Rights Act provisions. Posco's $12 billion investment is the largest foreign direct investment in the country so far.
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