MIDC to acquire 3,500 acre for JSW Group steel plant in Gadchiroli
The land parcel has been identified in the Wadsa taluka of the Maoism-affected district, said a source privy to the development. In terms of area, this will be the biggest land acquisition in the Maoist district, which the state plans to develop as a steel hub. The process has been initiated, and a formal proposal to be put up before the state govt is close to finalisation. The majority of the area is private land, apart from some patches of forest, the source said.
The next step includes issuing a notification, intimating the locals, and starting joint measurement. So far, no formal communication has been made to the locals. It will only happen after the proposal is approved by the state govt, said the source. Since some of the villages in the district are covered under the Panchayats (Extension to Scheduled Areas) Act (PESA), a resolution approving the acquisition is also likely to be needed, the source said.
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In February this year, Jindal announced the plan to set up a steel plant when he attended an event, Advantage Vidarbha, patronised by Union road transport minister Nitin Gadkari. Jindal said the plant will have a capacity of 25 million tonnes per year and will be built at an investment of Rs1 lakh crore.
The single plant by Jindal will surpass the total capacity of the public sector undertaking Steel Authority of India Limited (SAIL), which stands at 18 million tonnes at present. JSW's own capacity will be doubled by the plant. The state govt plans to build Gadchiroli as a steel hub. At present, Lloyds Metals and Energy Limited is also building an integrated steel plant and recently got environmental clearance for expanding the capacity of its iron ore mine.
Another company, Surjagad Ispat, also has plans for a steel plant in southern Gadchiroli.
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