Land acquisition process for Arcellor Mittal in JH has begun
The land acquisition process for the Arcellor Mittal’s proposed Rs 42,000 crore green field integrated steel plant in Jharkhand has already begun, a senior state government official said in Adityapur on Tuesday.business Updated: Mar 29, 2011 15:39 IST
The land acquisition process for the Arcellor Mittal’s proposed Rs 42,000 crore green field integrated steel plant in Jharkhand has already begun, a senior state government official said in Adityapur on Tuesday.
The land registration for the proposed steel plant of Arcellor Mittal has begun in Kasmar Petrawar in Bokaro district since December last, said Jharkhand Industry Secretary, A P Singh, who was here to take part in the inauguration of Hi-Tech Design Lab and foundation stone laying ceremony of Hi-Tech Testing Lab building on Tuesday, said.
The land acquisition process had been tardy due to Panchayat election and the National Games that concluded last month but the process has now got momentum, Singh said on the sidelines of the foundation stone laying ceremony.
Asked how many of acres of land has been registered so far, the Industry secretary said it was below 50 acres and attributed the slow pace of land registration process due to panchayat election and National Games.
Singh said the the construction work would not begin till the steel giant acquired at least 500 acres of land as 500 to 550 acres land was required even for a million tonne capacity steel plant whereas Arcellor Mittal has proposed to set up a 10 million tonne capacity steel plant in Jharkhand.
Arcellor Mittal requires 2200 acres land to start work for the first phase, he said.
Arcellor Mittal had signed a memorandum of understanding with the Jharkhand government for the proposed steel plant in October 2005.