Odisha optimistic to see Posco plant near Paradip.

The Odisha government recently expressed optimism on the execution of the Rs. 52,000 crore mega steel project by Posco near Paradip and said it had not received any communication from the South Korean firm about its reported plan of putting the project on hold.

'The state government has not received any communication regarding Posco's plan of putting Odisha project on hold. We are optimistic about implementation of Posco's 12mtpa mega steel plant near Paradip,' Steel and Mines Minister Prafulla Kumar Mallick told reporters.

ET