Concerned about tardy progress in several mega projects in the state, the Orissa government would hold talks with investors, including world&aposs largest steel maker ArcelorMittal and Posco tomorrow to kind out the cause for the delays, official sources said."We want to know from the investors about the reason of delay in implementation of projects even as the state government had provided facilities to them,"state Steel and Mines minister Raghunath Mohanty told PTI. The 13 mega projects were scattered in different sectors like steel, aluminium and power, he said. In 2004, Tata Steel had signed an MoU with the sate government for setting up a 6 mtpa steel plant at Kalinga Nagar, it was yet to come up, an industries department official said. Similarly, Posco which signed understanding for its proposed 12 MTPA steel plant near Paradip on June 22, 2005, but has been unable to acquire land for its Rs 51,000 crore project. ArcelorMittal 12 million tonne steel plant project, too, is lagging behind schedule. It had signed an MoU on December.2006 This apart, two mega aluminium projects, one by Vedanta Aluminium Limited and another by Aditya Aluminium Limited also progressed slowly, causing major headache for the state government." Non-implementation of mega projects had come as a major set back for the state&aposs industrlisation process", a senior official said.
Source : PTI
Source : PTI
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