Home » Business » Executive Chairman of Arcelor Mittal met Odisha Chief Minister to Discuss Kendrapara Steel Plant Project

Executive Chairman of Arcelor Mittal met Odisha Chief Minister to Discuss Kendrapara Steel Plant Project

Bhubaneswar:21/8/21: The Executive Chairman of Arcelor Mittal, Lakshmi Niwas Mittal on Saturday met Odisha Chief Minister Naveen Patnaik at Naveen Niwas in Bhubaneswar.

According to officials at CM’s residence, Naveen, during the meeting, asked Mittal to expedite the company’s project in Odisha and assured all support for the speedy implementation of the project.

The meeting, the second in the past six months, lasted for an hour during which Mittal discussed the company’s proposed steel plant project at Kendrapada with the chief minister, officials said.

Mittal thanked the chief minister for all cooperation extended by the state government for the proposed steel complex and jetty project, officials added.

On March 4, ArcelorMittal Nippon Steel India has signed a memorandum of understanding (MoU) with Odisha government for setting up a 12 million tonne (MT) steel plant in Kendrapada district with an investment of Rs 50,000 crore.

ArcelorMittal had indicated its intent to set up greenfield steel operations in India in 2005 and 2006 as well when it had inked MoUs with Jharkhand and Odisha for setting up a 12 MT steel plant each in the two states. But lack of clearance on land and lack of assurance on supplies of key raw material iron ore prevented the company from realising its investment plan.

The existing MoU in Odisha, which was signed in the presence of Chief Minister Naveen Patnaik and steel tycoon Lakshmi N. Mittal in Bhubaneshwar, has given a leg up to the bullish plan of the company to have both greenfield and brownfield steel operations in India.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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