Green tribunal suspends nod to Posco plant

Discussion in 'Economy & Infrastructure' started by nitesh, Apr 2, 2012.

  1. nitesh

    nitesh Mob Control Manager Stars and Ambassadors

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    Green tribunal suspends nod to Posco plant - Hindustan Times

    India's biggest foreign direct investment project-Posco Steel Plant in Odisha- is once again in limbo. The National Green Tribunal (NGT) on Friday suspended the clearance given to the $12-bn project and asked the environment ministry to review the clearance granted in 2011.

    The ministry had given its nod to the plant, a port and a captive iron ore mines, six years after the Odisha government signed a pact with Posco.

    The clearance was said to be on basis of observations of four-member panel constituted to examine the allegations of environment violations at the project site. Three civil society members of the committee gave a dissenting report against former environment secretary Meena Gupta.

    "Though the report of Meena Gupta appeared to be balanced, it was not taken into consideration in totality," the bench of Justice C V Ramulu and Devendra Kumar Aggarwal said.

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    The bench said Gupta had tried to defend her earlier decision to grant clearance to the project in 2007, which was suspended following the allegations of environment violations by locals in 2010.

    "This is a gross violation of principles of natural justice and, therefore, entire process of review is vitiated under the law," the bench said.

    Now, the tribunal wants the ministry to review the project in lights of the observations made by Gupta and civil society members.

    It also asked the ministry to issue fresh terms of reference for conducting a new environment impact assessment of steel plant, captive power plant and a private port. The ministry has also been asked to constitute a special panel to monitor progress and compliance on regular basis.

    The tribunal's order may delay the project by over a year. The government, however, can move the Supreme Court against the tribunal's order.
     
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  3. KS

    KS Bye bye DFI Veteran Member

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    There it goes again. Economic terrorists in action.
     
    Illusive likes this.
  4. Illusive

    Illusive Senior Member Senior Member

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    Deja Vu :laugh:

    End of the road for Rs 50,000 crore Posco plant?

    Suspense over the fate of the Rs 50,000-crore Posco steel project in Odisha has deepened with the South Korean giant showing disinterest in pursuing it because of the hurdles it continues to face on grounds of environment protection.

    Appearing before the National Green Tribunal (NGT) on Friday, Posco's counsel expressed the firm's diminishing interest in the project near Paradip. He said the company was yet to get the land and forest clearance required for setting up the 12-milliontonne steel plant, which was to be the country's biggest FDI project, and would not be able to complete it by July 2017 when the revised environmental clearance it had received in 2014 runs out.

    :facepalm:
     
  5. Illusive

    Illusive Senior Member Senior Member

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    Don't know if KS will ever read this but the Economic terrorists strike again.
     
  6. DingDong

    DingDong Senior Member Senior Member

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    Is there a way to limit Judiciary’s say over policy matters? Will of the people cannot be held hostage by few Judges.

    The Judiciary is going to pay a hefty price for it's outreach.
     
  7. Panjab47

    Panjab47 सर्वाग्रेक्षत्रियाजट्टादेवकल्पादृढ़व्रता|੧੫| Banned

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    @DingDong judiciary has been doing this since 50s when they nullified all jury trails, due to jury supporting husband in a honor protection case.

    Will just take more Kharkus by the looks of it, they cleaned out corrupt generals & pmo office in 80s & 90s. Cleaned out britshits in 30s & 40s, now looks like it's christian judge's turn.

    Jai Bharat Ki
     

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