• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi, July 24 The Union Minister for Steel, Chemicals and Fertilisers, Mr Ram Vilas Paswan, has said that the Government is interested in facilitating the Posco steel project in Orissa.

The Minster has conveyed this to the Korean Ambassador to India, Mr Paek Young Sun, when the envoy called on him in the Capital on Tuesday.

Welcoming the investment programme, the Minister said the Government has set up an Inter-Ministerial Group headed by the Secretary, Ministry of Steel, to expedite the implementation of large steel projects. Mr Paswan said Korean companies such as Hyundai, Dusan, Samsung and Posco had vast experience in heavy engineering and construction, and can participate in the expansion programme of SAIL and RINL.

According to the Ministry, the Korean envoy said this was the single largest overseas investment proposal for India and sought the cooperation of the Minister in this regard.

More Stories on : New Projects | Steel

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Volvo Car expands network

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line