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The Karnataka Government on Tuesday said it will allot 1,500 acres land to world’s largest steel maker ArcelorMittal within a month to set up a 6 million tonne per annum (MTPA) steel plant.
“Within one month, we will allot about 1,500 acres of land to ArcelorMittal. They will start work within two months,” Karnataka Chief Minister Mr B S Yeddyurappa told reporters here.
In June, 2010, ArcelorMittal had inked a pact with the Karnataka Government for setting up a 6 MTPA steel making facility, along with a 750 MW captive power plant at an estimated investment of Rs 30,000 crore.
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