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Delay in Posco project may be dealt by IMG

Delay in Posco project may be dealt by IMG
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According to some press reports, the union government may form an inter-ministerial group (IMG) for recommending ways to fast-track clearance for PoscoÂ’s $12-billion investment plans in Odisha.

Last year, the National Green Tribunal sought a fresh environment impact analysis for for the entire 12 million tonne per annum (mn tpa) project.

It is learnt that the proposed IMG would take a decision on whether the fresh analysis is needed and examine the possibility of re-validating lapsed clearances.

It is also learnt that the Prime MinisterÂ’s Office would decide on setting up the IMG soon.

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