Millennium Post

Odisha Govt finishes Posco steel plant land acquisition

Land acquisition for the South Korean steel major Posco’s proposed steel plant near Paradip was completed on Thursday with the Odisha government demolishing 25 more betel vines at Gobindpur village, official sources said.

‘We have acquired 2,700 acres of land for Posco’s first phase of 8mtpa capacity steel mill. The local administration acquired 700 acres of land during this last phase. The acquired land will be handed over to the state owned Industrial Infrastructure Development Corporation (IDCO) soon,’ said Jagatsinghpur district collector S K Mallick.

Admitting that there was opposition from a section of people during land acquisition, Mallick said that the government has distributed Rs 6.72 crore among the beneficiaries. A total of 488 betel vines were demolished and their land acquired from Gobindpur village during the last phase.
The land acquisition for Posco project was completed in five different phases spanning over two years, the district collector said rejecting allegation of use of force for the exercise. ‘We have acquired land from the people who agreed for it,’ he said.

The steel major which initially wanted 4,004 acres of land to set up a 12mtpa steel mill at an investment of Rs 52,000 crore, later changed its design in view of the stiff opposition and scaled down its requirement to only 2,700 acres of land to start construction of 8mtpa capacity steel plant on the first phase.
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