Posco-India wants to start the construction of its Rs 52,000-crore steel plant from April 1, 2008, in Jagatsinghpur district.
The South Korean company has no plans to shift its plant as public opinion has turned in its favour.
However, as a tactical move to check untoward incidents when construction work begins, the company wants to avoid activities in the Dhinkia panchayat area, which emerged as the nerve centre for anti-Posco agitations spearheaded by Posco Pratirodh Sangram Samiti.
More than four thousand acres of land have been earmarked for the plant in Dhinkia, Gadakujanga and Nuagaon panchayats of Jagatsinghpur district.
According to the blueprint finalised by Posco-India, construction work will begin in Nuagaon and Gadakujanaga panchayats.
Posco-India's senior public relations manager Sasank Patnaik told the
: "We are totally committed to the project. And we want to resolve the problems through peaceful means. There is no plan to shift the project after we have been assured of all support by the Orissa government."
According to Patnaik, the board of directors met in Bhubaneswar on Saturday and expressed their satisfaction over the present status of the proposed project and stressed on the need to expedite the land acquisition process.
On Friday, Orissa Chief Minister Naveen Patnaik met Posco CEO Ku-Taek Lee in New Delhi at the company's sixth executive board meeting.
"The executive members of the board, including Lee, carried out a project review meeting with Naveen Patnaik with regards to the company's proposed 12 MTPA steel plant in Orissa, wherein, all necessary elements of the project were discussed in detail. The board members and the chief minister have agreed to expedite the project," the company press release said.