JSW Steel constitute village committees to facilitate land acquisition in Jharkhand

The Jharkhand Government and JSW Steel, an OP Jindal group company, signed a memorandum of understanding (MoU) on 7 November 2005 committing Rs 35,000 crore investment in a 10 million tonne steel plant in the state.

RANCHI: JSW Steel has adopted  innovative approach for land acquisition for steel project in Jharkhand. As per media report, Sajjan Jindal’s JSW Steel Limited has constituted village committees to facilitate land acquisition in all six villages of Sonahatu block in Ranchi district in the mineral reach state Jharkhand. It is to be noted that steel companies are facing hurdle in getting land in the state. JSW’s projects  have been delayed due to land acquisition issues.

Times of India reported that the committee comprising of local villagers will negotiate with the company on price per acre and welfare of local people before the land is transferred.

The committees were constituted as the company was not able to get required land despite its best efforts in the past five years.

 “What was not achieved in five years has become a reality within a few days. We are making good progress and we expect to start construction within a few months.”, company official said.

JSW steel General Manager (Corporate Relations) Nagendra Kumar said apart from involving the villagers in land acquisition, the company had also started various schemes under its corporate social responsibility to provide healthcare facilities. Company has also decided to adopt all the villages around the plant once the construction work starts. A doctor has been appointed by the company who visits the villages and provides free consultation and medicine,” said Kumar.

The proposed plant will be located near Hesalong in Saraikela Kharsawan district closer to the iron ore producing regions of the state.

“The plant would come up in two phases and will also generate 800 mw thermal power for captive use. In the first phase the company intends to reach production capacity of 6 mt with the remaining 4 mt being added in the next phase. The entire 10 mt capacity would be commissioned within a period of 84 months from getting all clearances from the state government.” company said during the MOU.