labels: Steel, Arcelor Mittal, Economy - general
Arcelor Mittal to locate new industrial training facility at Orisa's Keonjhar district news
19 November 2007

The world''''s largest steel maker Arcelor Mittal has announced its intention to set up an Industrial Training Institute (ITI) at Orissa''''s Keonjhar district to provide technical training and education to local youth, as it prepares to locate a 12 million tonne per annum greenfield steel plants in the state.

According to the chief minister''''s office, the company had informed the state government that of its intention it to establish an ITI and take steps to launch mobile health service in the tribal dominated district.  

Arcelor Mittal is reported to have commenced a survey in 16 villages and had submitted a land acquisition plan to the state government.

Malay Mukherjee group management board member with Arcelor Mittal said that the company had finalised a rehabilitation and resettlement plan for the people expected to be dislocated by the project.

Mukherjee said that the company would submit the rehabilitation plan after receiving the the land clearance from the state government.

He also disclosed that the steel maker had completed 70 per cent of the detailed project report (DPR) for the Orissa project and the entire DPR was expected to be finalised by mid 2008.

He also said that the company had already got a coal block at Rampia along with five other partners with an estimated reserve of 600 million tonnes of coal, of which Arcelor Mittal''''s share would be 85 million tonnes.

Mukherjee said the company had recently applied for a joint partnership with the state-owned Orissa Mining Corporation (OMC) in this regard.


 search domain-b
  go
 
Arcelor Mittal to locate new industrial training facility at Orisa's Keonjhar district