Thursday, March 29, 2012

greenfield integrated steel project

JSW Steel may get the final go ahead from West Bengal government for its proposed greenfield integrated steel project at Salboni in West Bengal, in a week's time.
The company has already promised to achieve financial closure for 3 million tonne plant coupled with 300 MW captive power unit in phase-I, soon after receiving the approval from the State Government.

Land clearance

The company was holding 297acres the land – dispersed across the proposed project area of 4,334 acres – without due notification under the Land Reforms Act, 1955. The notification is required for holding beyond 24 acres in rural areas of Bengal.

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