Maintaining that the Environment Ministry has been "totally dedicated" to protecting the environment, she said that her Ministry will examine in detail the order on the $12-billion project, the single largest foreign direct investment in India.
"No...no...not at all," the Minister told reporters outside Parliament House when asked whether it is a set back to the procedures followed by the Environment Ministry in granting clearance in January 2011 to the South Korean major to set up a mega steel project in Orissa.
Natarajan said her predecessor Jairam Ramesh, who granted the clearance to the steel major, had followed "very strict and very very transparent procedure and systems which have been put in place" before taking the decision in favour of Posco for producing 12 million tonnes of steel per annum (MTPA).
The National Green Tribunal (NGT) today ruled that environment clearance granted to Posco's mega steel project will remain suspended till the environment ministry reviews it afresh. Read the full report here.
Source: Economic Times, New Delhi.