BJD MPs seek Jaitley's intervention in Posco issue

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Bhubaneswar,August 13:Posco signing an MoU with Uttam Galva for an integrated steel plant in Maharashtra, thus almost clearing the air that the South Korean major is no more interested in the Odisha project, a delegation of BJD MPs met Union Finance minister Arun Jaitley in this regard in New Delhi.

Bolangir BJD MP Kalikesh Singhdeo told reporters in Delhi that the delegation of the parliamentarians sought Jaitley's intervention in the matter."Jaitley has assured us to look into it,"he added.

Meanwhile, the State government today said that it is in touch with the Centre regarding Posco's steel project in Jagatsinghpur district.

"We have no information about the development  and I knew it from the media only. Our government is constantly in touch with the Centre on the company's project in Odisha," Industries minister Debi Prasad Misha told mediapersons 
in Bhubaneswar.

"Personally, I believe that since there is a huge scope of automobile industry in western India, the company must have shown interest to cater to that requirement by setting up a plant there," added Mishra.

Recently the State government has written a letter to Union cabinet secretary Pradeep Kumar Sinha requesting to convene a meeting at the level of Cabinet Secretariat or the PMO to sort out the issues relating to Posco's project expeditiously.

Earlier day,Posco signed an MoU with Uttam Galva for a feasibility study to set up a 3-million tonne per annum plant at Satarda in Sindhudurg district of Konkan in south Maharashtra in two phases.

In July, the company had declared that it is putting on hold its proposed Rs 52,000-crore steel project in Jagatsinghpur due to inordinate delay due to regulatory problems."We are tentatively suspending the Odisha project due to lack of any progress," Posco chairman and CEO Kwon Oh Joon had said.

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