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Panel seeks temporary withdrawal of Posco permit

Panel seeks temporary withdrawal of Posco permit
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First Published: Mon, Nov 29 2010. 11 51 AM IST
Updated: Mon, Nov 29 2010. 11 51 AM IST
New Delhi: A forest panel examining any potential violation of forest laws for a proposed steel mill by South Korea’s Posco in eastern India has recommended temporary withdrawal of existing permits, India’s environment minister said on Monday.
The long-delayed plant at Orissa has been stalled by protests and environmental reports spearheaded by Jairam Ramesh, who has scrapped many big-ticket projects including some by London-listed miner Vedanta Resources Plc.
Posco is among several companies that have come under scrutiny from Ramesh, whose tough approach has sparked criticism from businesses and even other members of the government pushing for rapid industrialisation.
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First Published: Mon, Nov 29 2010. 11 51 AM IST
More Topics: Economy | Environment | Posco | Steel | Mining |