Following is from a PTI report in http://www.smartinvestor.in/market/Marketnews-45973-Marketnewsdet-Tata_Steel_project_to_come_upinOrissaby_2014.htm.
Tata Steel is optimistic about operating its proposed industrial park project at Gopalpur in Orissa’s Ganjam district and commissioning the steel plant at Kalinga Nagar in Jajpur district by 2014.
The company gave this assurance to the state government today when Tata Steel’s Managing Director H M Nerurkar met Chief Minister Naveen Patnaik at a review meeting on the proposed industrial park at Gopalpur.
"We will be able to operate the industrial park at Gopalpur by March 2013 and commission first phase (3 mtpa) of the steel plant at Kalinga Nagar by March 2014," Nerurkar told reporters after meeting the chief minister.
Stating that work on both the projects is going on smoothly, the Tata Steel MD said that a peaceful industrial environment was gradually being established at Kalinga Nagar where the company’s proposed 6mtpa steel plant was being set up.
Though the company had signed MoU to set up a 6mtpa greenfield steel factory at an investment of Rs 15,600 crore in 2004, the project could not meet the deadline of 2010 due to opposition from the local people.
However, now the new commissioning target was March 2014, Nerurkar said, adding that the company had so far invested Rs 1,500 crore in the steel plant project. Tata Steel has also placed equipment orders worth Rs 6,300 crore and some machinery had reached the project site.
About 60 per cent of the land at Kalinga Nagar industrial complex had been acquired so far, Nerurkar said.
Referring to the Industrial Park, the foundation stone of which was laid by the Chief Minister on August 20 earlier, Nerurkar said that construction of the boundary wall work was going on smoothly.
The industrial park is expected to attract investment of Rs 10,000 crore to Rs 15,000 crore and generate employment for about 10,000 people, company sources said, adding Tata Steel would invest Rs 1,000 crore in the project.
The proposed Industrial Park includes a 50,000-TPA ferro chrome plant and 400,000-TPA rebar steel mill. Both the units were expected to generate employment opportunities for more than 1,000 people.
The park will primarily attract investments in steel and allied downstream industries, engineering, chemicals and other emerging sectors.
The company which had initially acquired land for setting up a steel plant in mid 90s, however, scrapped the project due to non-availability of water for the purpose.
Tata Steel would use techniques to use sea water by desaliation besides designing rainwater harvesting and 100 per cent recycling.
Tata Steel group is investing Rs 35,000 crore in the steel, ferro alloys, port, power and other sectors in Orissa.