World's largest steel producer ArcelorMittal has requisitioned over 11,000 acres of land from Jharkhand Government for setting up its proposed steel plant and resettlement colony in the State.
The move comes within days of the Jharkhand Government announcing its much-awaited Rehabilitation and Resettlement Policy.
ArcelorMittal, which has proposed setting up a 12-million tonne integrated steel plant in Jharkhand with a whopping investment of about Rs 40,000 crore, has applied for about 8,800 acres for its steel plant and over 2,400 acres for the resettlement colony.
"The company has applied for land to the deputy commissioners of Gumla and Khunti districts, where it proposes to set up the plant," Secretary, Industries Department of Jharkhand, K K Khandelwal told PTI over phone.
Official sources said nearly 75 per cent of the land requisitioned by the global steel player belongs to private owners spanned across 14 villages, while the rest is owned by the government.
Interestingly, the LN Mittal-led steel company has managed to skip the entire forest area falling in the vicinity of its proposed project site.
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Ranchi-based agency Sigma had surveyed about 20,000 acres in Torpa-Kamdara blocks of Gumla and Khunti districts for ArcelorMittal's steel plant and resettlement colony.
Of the total land surveyed, ArcelorMittal has zeroed in on over 11,000 acres with the help of its consultant M N Dastur and Company, which has been entrusted with the job of preparing the company's detailed project report.