ArcelorMittal shortlists three sites in Jharkhand for steel plant

17 November 2007

Mumbai: ArcelorMittal has short-listed Torpa, Saraikela and Galudih in Jharkhand for its proposed greenfield steel project, a top company official said.  

The company is in the process of finalising a site for its 12-million-tonne steel plant, ArcelorMittal board member Malay Chatterjee, who is in Ranchi to participate in a trade fair organised by the Orissa government, said.

He added that the company would name the site in a month after examining all aspects, including availability of water, power and transport connectivity for the proposed plant.

Chatterjee also said the company''s rehabilitation is one of the best in the world.

ArcelorMittal has already been allotted coal blocks in Jharkhand and the company is looking for suitable iron ore mines, he said, adding, the projects in both Jharkhand and Orissa were on the company''s priority list and if it got the land and iron the ore mines, then it could start production within 18 months.

Jharkhand chief minister Madhu Koda has assured his government''s support to Arcelor-Mittal''s steel project.