CORPORATE  PRESS  RELEASES  (INDIA)  news desk, 31 March,2012 http://www.firstpost.com/business/message-from-poscos-ordeal-investors-be-worried-seriously-worried-261573.html Seven years on, the ambitious Posco steel plant—once touted as India’s biggest FDI project worth Rs 51,000 crore—is nowhere close to being off the starting block. When the Odisha government signed the MoU with the South Korean steel major for the 12 million tonne project in 2005, work was expected to start immediately. Some opposition from locals was expected but the government had ...