Following is an excerpt from a report in Business Standard.

Kolkata-based Icore Group with interests in steel making, cement, gems and jewellery apparel and paints, would invest Rs 5,000 crore in Orissa setting up a 1.8 million tonne per annum (mtpa) steel plant and a cement crushing unit with a capacity of 5,000 tonnes per day.

The integrated steel cum cement complex would come up on 80 acres of land at Somanthpur in Balasore district. …

… Initially, Icore will start its steel plant operations with a capacity of 0.36 mtpa at a cost of Rs 1,000 crore and later scale up to 1.8 mtpa. While the cement crushing unit is set to commence operations from December 2010, the steel plant is expected to be operational by March next year.

In contrast Tata Steel is needing 3400 acres to set up a 6 MTPA steel plant in Kalinganagar. Perhaps I am missing something or something is amiss somewhere.