Progress on the Arcelor-Mittal project
Arcelor Mittal, Coal, Iron Ore, Keonjhar, Steel November 16th. 2007, 11:06amFollowing is an excerpt from a report in Business Standard on this.
Arcelor-Mittal’s proposed Rs 40,000 crore, 12 million tonne per annum greenfield steel project in Orissa has made headway with the start of the land survey at the proposed site in Patna tehsil in the Keonjher district.
While the company has launched the survey in 16 villages in the area, it has completed the process in four villages. The company has also submitted a land acquisition plan to the state government.
Meanwhile, though the company has finalised a rehabilitation and resettlement (R&R) plan for the project-affected people, it is waiting for the land clearance from the state authorities to submit it to the government.
“We have our R & R proposal ready. Once the state government gives clearance of land, we will submit the proposal”, said Malay Mukherjee, member, group management board, Arcelor-Mittal.
Talking to mediapersons after a meeting on the progress of the project chaired by Chief Secretary Ajit Kumar Tripathy, Mukherjee said about 70% of the detailed project report (DPR) work for the Keonjhar plant is complete. The report is expected to be finalised by June 2008, he added.
M N Dastur & Company is preparing the DPR. The scope of the DPR, among other things, includes captive mining facilities, captive power supply, water supply and other infrastructure facilities like effluent disposal, environment and township for the company�s employees. …
While the company has got a coal block along with five other companies in Rampia and dipside Rampia, it is exploring the possibility of forging partnership with a mining company to source iron ore till it is allotted captive mines. It has recently applied for a joint partnership with the state- owned Orissa Mining Corporation (OMC) in this regard. …
While the total reserves in Rampia and dipside Rampia is estimated at about 600 million tonne, Arcelor-Mittal is expected to get about 85 million tonne.
Mukherjee said a 10-member team of Arcelor-Mittal is now finalising the technical specifications of the steel plant.