JSW seeks Govt's help to secure Ore supply

Curbs on mining iron ore in Odisha and its movement between
states have blocked JSW Steel's proposed Rs 35,000-crore steel project
inWest Bengal, forcing its chairman to seek the intervention of chief minister Mamata
Banerjee.

Sajjan Jindal's steel-cum-power project at Salboni has been granted land and
coal linkage, but a near-ban on iron ore mining in neighbouring Odisha, from
where it was to source ore, is threatening to derail it. 

The project is already four years behind schedule. A troubled Jindal, whose
Karnataka steel plant, too, is facing problems because of a similar mining ban
in the state, has now urged Banerjee for a more convenient ore transportation
policy. 

“I have requested Banerjee to look into the issue of inter-state transfer
of ore. We want market-linked access and the CM has promised to take it up with
the Centre,” Jindal told ecently. 


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *