Monday, 20 June 2011

Orissa halts land acquisition for $12 bln Posco plant (Reuters)

Villagers hold placards during a protest in Orissa May 18, 2011. REUTERS/Stringer/FilesReuters - Orissa has stopped acquiring land for South Korean Posco's proposed $12 billion steel plant after local protests, a government official said on Tuesday, further delaying what is the single largest foreign direct investment into the country.



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