I have no info on Mittal's pull out plan : Orissa CM
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I have no info on Mittal's pull out plan : Orissa CM

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Bhubaneswar ( Orissa ) : Orissa has rejected reports that claiming steel giant ArcelorMittal was close to pulling out its proposed steel projects in the State.

"I have no information on that. Maybe he (ArcelorMittal chairman Lakshmi N. Mittal) was talking about the land acquisition problems. The land acquisition process is still on in the state," Chief Minister Naveen Patnaik told reporters here.

British daily Financial Times Sunday quoted Mittal as saying his company may pull out of the $20-billion plan to build greenfield steel projects in Jharkhand and Orissa.

Mittal said if the land acquisition problems were not resolved soon, the company would look for alternative sites for the projects.




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