POSCO related road development
Bhubaneswar- Cuttack- Puri, Bhubaneswar-Cuttack- Kalinganagar, Bhubaneswar-Paradip, Cuttack, Iron Ore, Jagatsinghpur, Kendrapada, Paradip - Jatadhari - Kujanga, Ports and waterways, POSCO, Railways, Roads, highways and Bus stands, Steel, Thermal June 24th. 2007, 5:32pmEconomic Times reports road development related to POSCO’s proposed operations. Following are excerpts from that report.
… the government has decided to develop 600 km of highways, to be called Posco roads, to provide connectivity for the 12 million-tonne capacity steel plant in Orissa. The Rs 4,000-crore highway would be constructed on built-operate-transfer (BOT) model and would be completed by 2010.
The projects are part of phase-III of the National Highways Development Programme (NHDP). The Posco package consists of seven road stretches, including Panikholi-Keonjhar-Rimoli on national highway (NH)-215 and Chandikhole-Duburi on NH-200. The Cuttack-Paradip state road, jointly funded by the Orissa government, Paradip Port Trust and the roads ministry, will also help serve the transport of goods to and from Posco’s steel plant.
“NH-215 and NH-200 will be specifically geared to carry iron-ore traffic,” the official said. “The roads will serve Orissa’s industrial requirements for upcoming projects in the state, but Posco will be the biggest beneficiary,” he added. …
Apart from road connectivity being provided by the Centre and the state government, a special purpose vehicle (SPV) to link Haridaspur and Paradip by railways has been formed by Rail Vikas Nigam (RVNL) in which Posco has 10% equity,” a Posco spokesperson said. …
Posco-India will also build a captive port at Jatadhari, 10 km from Paradip and a captive power plant with a capacity of 1300 mw. …
The company will also lay pipelines for industrial water utilisation from Jobra barrage.