Jharkhand committed to Arcelor-Mittal project: Koda

Jharkhand committed to Arcelor-Mittal project: Koda

Ranchi: Jharkhand Chief Minister Madhu Koda has assured his government’s support to Arcelor-Mittal’s steel project as the multinational company is in the process of finalising a site for its 12-million-tonne steel plant.

“Our government will extend whatever support the company wants. Arcelor-Mittal’s setting up a stall in the ongoing trade fair shows its interest in the Jharkhand project," Koda told media Thursday.

Senior officials of the world’s biggest steel firm Thursday flew down from London as the company participated in the fair here.

Malay Mukherjee, member on the company’s board, told newsmen that the company would announce the site after examining all aspects including availability of water, power and transport connectivity for the proposed plant.

The company has shortlisted Torpa, Saraikela and Galudih and will finalise the location in a month.

Mukherjee also said the company’s rehabilitation and resettlement policy was one of the best in the world.

Even as the Jharkhand government is still shaping its own Resettlement & Rehabilitation policy, the chief minister said its absence should not be any hindrance as the private investors could procure land on their own.

Mittal Steel had signed a pact with the Jharkhand government in 2005 for setting up the integrated steel project at an estimated cost of Rs40,000 crore.