No compromise on land requirement, says ArcelorMittal
ArcelorMittal will not make any compromise on its land requirement in Orissa steel project.
By PTI |
BHUBANESWAR: World's largest steel maker ArcelorMittal, which plans to set up a 12 million tons plant in Orissa with an investment of Rs 40,000 crore, on Friday hinted it will not make any compromise on its land requirement.
"The company will go by the Memorandum of Understanding between it and the Orissa government in connection with land requirement for the project," said ArcelorMittal's executive vice-president Sudhir Maheswari.
Maheswari, also a member of ArcelorMittal group's executive committee, and the company's India chief Sanak Mishra met Orissa Chief Secretary Ajit Tripathy. They held a discussion on the progress of the project.
To a query, Maheswari said the company had not given a thought to the issue of reducing the land for the project.
According to the MoU, the company required at least 8,000 acre of land for setting up 12 MTPA plant in two phases.
He also told reporters that "everything relating to Arcelor Mittal's Orissa project was going well".
The issue relating to reduction of land requirement came to the fore after Vedanta Foundation Trust, setting up a world class university in Orissa, agreed to reduce its land needs recently in face of criticism from different quarters.
ArcelorMittal's proposed plant site at Patana block in Keonjhar district is also facing opposition from local residents.
"The company will go by the Memorandum of Understanding between it and the Orissa government in connection with land requirement for the project," said ArcelorMittal's executive vice-president Sudhir Maheswari.
Maheswari, also a member of ArcelorMittal group's executive committee, and the company's India chief Sanak Mishra met Orissa Chief Secretary Ajit Tripathy. They held a discussion on the progress of the project.
To a query, Maheswari said the company had not given a thought to the issue of reducing the land for the project.
According to the MoU, the company required at least 8,000 acre of land for setting up 12 MTPA plant in two phases.
He also told reporters that "everything relating to Arcelor Mittal's Orissa project was going well".
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The issue relating to reduction of land requirement came to the fore after Vedanta Foundation Trust, setting up a world class university in Orissa, agreed to reduce its land needs recently in face of criticism from different quarters.
ArcelorMittal's proposed plant site at Patana block in Keonjhar district is also facing opposition from local residents.
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