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Business News/ Companies / News/  Govt to look into reasons for delay in Posco project
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Govt to look into reasons for delay in Posco project

Trade minister Anand Sharma said that the govt has been concerned about the delays and will be conducting a review

A file photo of trade minister Anand Sharma. Photo: Ramesh Pathania/Mint (Ramesh Pathania/Mint)Premium
A file photo of trade minister Anand Sharma. Photo: Ramesh Pathania/Mint
(Ramesh Pathania/Mint)

New Delhi: India will soon review the reasons for the delay in setting up the project by South Korean steel maker Posco in Orissa.

Trade minister Anand Sharma during his bilateral meeting with South Korean minister of knowledge economy Hong Suk-woo at the sidelines of the partnership summit jointly organized by commerce ministry and the Confederation of Indian Industry said that Prime Minister Manmohan Singh has been personally monitoring the project.

“We have been concerned about delays in Posco. We will be conducting a review," said Sharma. “Even though there are other scopes for change, Posco will remain our key focus."

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Published: 28 Jan 2013, 01:27 PM IST
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