To strengthen the century old relationship between Orissa and Tata Steel, the company signed the MoU for its most ambitious steel project at Orissa on November 17, 2004. As per this MoU, the company will set up a six million ton green-field integrated Steel Plant at Kalinganagar in Jajpur District of Orissa. The MoU was signed by Mr Bhaskar Chatterjee, Principal Secretary (Steel & Mines) on behalf of Government of Orissa and by Mr B Muthuraman, the former Managing Director of Tata Steel, in a ceremony at the State Secretariat in Bhubaneswar, in the presence of the Chief Minister of Orissa, Mr Naveen Patnaik, Chairman of Tata Group, Mr Ratan Tata, Managing Director of Tata Steel, Mr H M Nerurkar along with many dignitaries.
As per the MoU, the Government of Orissa agreed to provide 3,471.808 acres of land, which was acquired in 1992 through Industrial Development Corporation of Orissa to set up the steel plant at Kalinga Nagar. The total number of extended families being rehabilitated for this project will be about 1195 derived from 562 core families from the plant site.
12,000,000 tonnes of raw steel cut in one year??? from one site? that's crazy! especially when you see how much the whole world makes. it's true we are going to need a new planet earth by 2030 if china and india keeps this up!
littledeacon2011 11 months ago