Mumbai: Steel major Arcelor Mittal India said on 11 February it has got provisional approval from the Orissa government to acquire 7,750 acres of land to set up a 12-million-tonne steel plant and a township in the state.
“We will set up a plant on 6,000 acres of land while 1,000 acres would be used to set up a power plant. The township will be established over the remaining 750 acres,” Arcelor Mittal India chief executive officer, Sanak Mishra, told reporters here.
The company is planning to put up a 12-million-tonne per annum plant in Orissa along with a 1,500 MW thermal power plant.
To fuel the power plant, the company has got a coal mine on lease with a total reserve of 650 million tonnes along with four other entities.
The company is also on a look-out for additional land to rehabilitate those people who might need to be relocated from the plant site, Mishra said.