Rs72,283-cr 6 mega projects withdrawn

Published on: 

As many as six of 96 large MoU-signed companies have withdrawn their project proposals totalling worth Rs72,283 crore from the State by now.

In response to a question by Congress MlA Kailash Chandra Kulesika, Industries Minister Debi Prasad Mishra informed this in the Assembly on Thursday. Of the rest 86 large companies, 46 have already started their projects either partially or fully by investing a total of Rs2,53,789.03 crore, the Minister said.

The six companies which have withdraw their proposals are Maharashtra Seamless ltd (steel project worth Rs450 crore), Arcelor Mittal India ltd (steel project worth Rs40,000 crore), Stelite Industries (India) ltd (steel project worth Rs12,502 crore), Bhushan Energy ltd (power project of Rs8,483 crore), Tata Power Company ltd (power project of Rs4,348 crore) and Kalinga Energy and Power ltd (power project of Rs6,500 crore).

About Posco project, the Minister mentioned that the South Korean steel company has not withdrawn its proposed integrated steel project but has put the project on hold for a temporary period.   

Daily Pioneer
dailypioneer.com