The government has granted environmental clearance to South Korean steel giant Posco's 12 million integrated steel project in Orissa, removing a major roadblock in the way of the Rs 52,000 crore plant.
"The Ministry of Environment and Forests has given the environmental clearance for Posco's mega steel project at Kujang near Paradip in Jagatsinghpur district of Orissa," highly-placed official sources said.
Read more in Financial Express
