ArcelorMittal gets nods from two Orissa villages for Rs 40K cr plant

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Mumbai, Aug 8 (UNI) The world's biggest steel company ArcelorMittal's Indian subsidiary has sucessfully conducted the first gram sabha at Bhrungarajposi village for construction of the company's Rs 40,000 crore steel plant in Keonjhar district of Orissa.

The meet conducted in the presence of district administration officials went off peacefully, barring a few protests in the vicinity, said a company release today.

In the second gram sabha conducted in Raikala, the meet was marked by questions from the villagers and submission of a charter of demands seeking more clarification before the Gram Sabha Resolution was signed.

The meets were part of the company's plans to set up USD 12 billion (Rs 40,000 crore) steel projects in Jharkhand and Orissa, which will include iron ore mines, power plants and steel plants of 12 million tons per annum (mtpa) capacity each, with a total steel capacity of 24 million tonnes.

''We thank the people of Bhrungarajposi and Raikala villages for their support. We have noted their concerns and would make all efforts to address the same to the best of our ability,'' said ArcelorMittal India Chief Executive Officer Vijay Bhatnagar.

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