Location: Erasama Block, Jagatsinghpur, Orissa

Capacity: 12 MTPA

Investment: $12 billion (Approx. Rs 51,000 crore)

Land Requirement: 4004 acres

Jun 2005: MoU signed between POSCO & Govt. of Orissa

Aug 2005: POSCO-India Pvt. Ltd. incorporated

Sep 2005: Application for Prospecting License for iron ore in Khandadhar

Dec 2005: Application for Captive Port at Jatadhari

Jan 2006: Govt. of India grants Rail Transport Clearance

Jan 2006: Construction Office opened at Paradip

Jun 2006: Govt. of Orissa sanctions 1135 acres of Govt. Land & Company has deposited the amount against it.

July 2006: Company begins a series of Corporate Social Responsibility activities in Plant Site

Aug 2006: R&R Office opened at Kujang

Aug 2006: Govt. of Orissa recommends for CRZ & EIA Clearances for the port

Sep 2006: Govt. of India gives in-principle approval for SEZ

Oct 2006: MoU with RVNL for Railway SPV from Haridaspur-Paradip

Dec 2006: Govt. of Orissa recommends GoI to sanction PL to POSCO-India for Khandadhar

Mar 2007: Empowered Group of Ministers approves SEZ status

May 2007: Union Ministry of Environment & Forest approves captive port proposal.