BHUBANESWAR: Unable to meet at least two deadlines for renewal of its MoU with Posco India, the Orissa government today said it was not sure when the exercise would be completed. "Now I cannot say when the MoU with Posco India will be renewed. The steel major is yet to respond to our queries. The state government has sought views of the company during the first week of July," Steel Minister Raghunath Mohanty told PTI adding that the MoU with the company had lapsed on June 21, 2010. The state government had signed MoU with Posco-India on June 22, 2005, for setting up a 12 million tonnes per annum mega greenfield steel plant near Paradip at an investment of Rs 52,000 crore. Admitting that he had announced about renewal of MoU by July end, Mohanty said, "We are still waiting for response from the South Korean steel major." Read Full : Posco India keeps Orissa waiting | Posco India | steel plant | The New Indian Express
