There are currently 23 steel projects in India that are stalled owing to grant of environment clearance, parliament was informed on Monday.
"Presently, 23 steel projects are pending due to grant of Environment Clearance, out of which 2 steel projects are from Maharashtra," Minister of State for Steel Vishnu Deo Sai told the Lok Sabha in a written reply.
The projects stuck include those of major companies like Tata Steel, JSW Steel, Essar Steel and Posco.
Sai said Tata Steel's expansion of crude steel production from 9.7 million tons per annum to 11 MTPA in East Singhbhum district of Jharkhand is stuck, as is JSW Steel's proposed 10 MTPA integrated steel and power plant in the same state.
Similarly, Essar Steel's project of replacement of electric arc furnace of its steel making plant by basic oxygen furnace at Hazira in Gujarat is pending.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app