Bengal finalise land rates for Jindal steel plant
West Bengal government has finalised the land rates for JSW Bengal Steel's 10 million tonne steel plant at Salboni.
By PTI |
KOLKATA: West Bengal government has finalised the land rates for JSW Bengal Steel's 10 million tonne integrated steel plant at Salboni in Midnapore district, the production of which is expected to start from April 2011, company CEO Biswadip Gupta said on Monday.
Talking to newsmen here, Gupta said 4,500 acres would be required for the plant and of this 4,000 acres would be taken from the government at Rs 1.94 lakh per acre, a rate fixed by the Land and Land Reforms Department.
"We are expecting a government order on this to be issued this week," Gupta said.
He said the remaining 500 acres would be acquired from private holders at rates varying between Rs 2.50 lakh to Rs 3.00 lakh per acre.
The Union Environment Ministry would hold a hearing in Delhi on August 17 on granting of environment clearance for the project, Gupta said adding that Jindal group Chairman Sajjan Jindal would be present at the hearing.
In reply to a question, he said the company had not faced any resistance from the locals about locating the factor at Salboni. "In fact, they are very enthusiastic in having the factory there."
Talking to newsmen here, Gupta said 4,500 acres would be required for the plant and of this 4,000 acres would be taken from the government at Rs 1.94 lakh per acre, a rate fixed by the Land and Land Reforms Department.
"We are expecting a government order on this to be issued this week," Gupta said.
He said the remaining 500 acres would be acquired from private holders at rates varying between Rs 2.50 lakh to Rs 3.00 lakh per acre.
The Union Environment Ministry would hold a hearing in Delhi on August 17 on granting of environment clearance for the project, Gupta said adding that Jindal group Chairman Sajjan Jindal would be present at the hearing.
In reply to a question, he said the company had not faced any resistance from the locals about locating the factor at Salboni. "In fact, they are very enthusiastic in having the factory there."
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