The Odisha government’s task force on steel recommended renewal of memorandum of understanding (MoUs) of 11 steel companies in the state based on milestones achieved.
The 11 MoUs are part of a list of 15 steel projects whose field verification has been completed by Ipicol. The draft MoUs of the 11 steel companies are prepared by the state steel & mines department. Ipicol will take the views of other concerned departments on the MoU, said steel & mines Secretary Rajesh Verma.
The task force recommended extension of MoUs for a period of two years. The list of projects to be benefited include Tata Steel’s six million tonne steel plant at Kalinga Nagar. The rest 10 are small and medium scale projects.
Leave a Reply
You must be logged in to post a comment.