voda schreef op 25 januari 2016 17:19:
Ah ha, positief nieuws??ArcelorMittal wants to setup solar plant at Bellary instead of steel plant - Report
Deccan Chronicle reported that ArcelorMittal decided to back out from its much hyped investment of USD 6.5 billion in a steel plant at Ballari as ArcelorMittal group CEO Mr Sanjay Sharma and his team met Chief Minister Siddaramaiah on Friday at his official residence seeking permission to change the use of 2,800 acres of land at Ballari to set up a 600 megawatt solar power plant.
During the meeting with the Chief Minister, company officials reportedly briefed him about the practical difficulties in starting steel companies and also explained to him the delay in auctioning iron ore blocks to start a captive mining project in Ballari. Instead of the steel plant, the company has placed a proposal for a solar plant at the same place and also stated that proposed solar plant would be India’s largest.
Sources revealed that the company did not want to lose the land in Karnataka. Chief Minister Siddaramaiah reportedly assured the delegation that after a discussion with top officials and the Industry minister, he would spell out his decision.
As per report “Since the 2,800 acres has already been allotted to ArcelorMittal for a mega steel plant, the company has sought permission for land use change to a solar power plant.
Sources revealed that the stiff competition from other steel giants was the reason for ArcelorMittal to reconsider its decision to set up the steel plant. JSW Steel Limited, Uttam Galva and NMDC have plants in Ballari.
Source : Deccan Chronicle