POSCO Got the Approval of the Union Environment Ministry of India

Mar 17, 2011, 13:00 IST

POSCO, South Korean steel Company and India’s largest ever Foreign Direct Investment (FDI), got the approval of the Union Environment Ministry of India

POSCO, South Korean steel Company and India’s largest ever Foreign Direct Investment (FDI), on 1 February 2011, got the approval of the Union Environment Ministry of India for its proposed steel and iron plant in Orissa. The Environment ministry gave environmental clearance for the construction of iron and steel plant and a captive power plant at Jagatsinghpur district of Orissa.


The Environment ministry also gave environmental and CRZ clearance to captive port planned to be constructed near Paradip. However, the ministry withheld forest clearance to the project complex. The total cost of the POSCO project is more than 54000 crore rupees.

Jagran Josh
Jagran Josh

Education Desk

    Your career begins here! At Jagranjosh.com, our vision is to enable the youth to make informed life decisions, and our mission is to create credible and actionable content that answers questions or solves problems for India’s share of Next Billion Users. As India’s leading education and career guidance platform, we connect the dots for students, guiding them through every step of their journey—from excelling in school exams, board exams, and entrance tests to securing competitive jobs and building essential skills for their profession. With our deep expertise in exams and education, along with accurate information, expert insights, and interactive tools, we bridge the gap between education and opportunity, empowering students to confidently achieve their goals.

    ... Read More
    Get here latest daily, weekly and monthly Current Affairs and GK in English and Hindi for UPSC, SSC, Banking, Railway, Defence and exams. Download Jagran Josh Current Affairs App.

    Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

    AndroidIOS

    Trending

    Latest Education News