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Tata Steel shelves Bastar project
  Release time: 2016/08/29 09:41:00  Author: 

Tata Steel has decided to withdraw from its proposed 5.5 million tonne integrated steel plant project in Lohandiguda area of Maoist insurgency-hit Bastar region of Chhattisgarh.

Tata Steel’s Chhattisgarh project head Anil Sinha said that the decision (to pull out of Bastar steel plant) was taken in the month of February-March this year. “It is officially confirmed. We have decided to withdraw because we could not convert prospecting into mining lease.”

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