By IANS
New Delhi : Lakshmi Niwas Mittal, chief of the world's largest steel producer Arcelor Mittal, Wednesday said work on both the firm's steel plants in Jharkhand and Orissa were "progressing".
"I would be meeting the chief ministers of both Jharkhand and Orissa to reaffirm and re-emphasise our commitment to build the steel plants and we look forward to their support and cooperation," Mittal told reporters here.
"Our both the projects are progressing and in Orissa we are moving faster than Posco," he added.
Mittal Steel had signed an agreement with the Jharkhand government last year for setting up a plant in that state, but the project could not make much progress due to indecisiveness on allocation of iron ore mines.
"We have an assurance from the government that the steel plants would be given iron ore," Mittal added.
Mittal also indicated that the capacity of both the steel plants would be about 10 million tonnes a year.
"We are currently looking at all feasible options. Our consultants are working on the projects and once the report is ready we would confirm the capacity."
Arcelor Mittal's proposal would also include facilities for steel making, rolling mills and a captive power plant, Mittal said.