PTI reported that Odisha government has acquired 2,100 acres of land for the proposed mega steel project by POSCO India in Jagatsinghpur district.

The status paper prepared by the state government said that "State owned Industrial Infrastructure Development Corporation has acquired 2,100 acres of land of which 546 acre had been handed over to POSCO. Rest 1,554 acres is ready to be handed over to POSCO.”

Another 600 acres of land for the purpose was expected to be acquired within four months.

The paper was prepared for the purpose of the second joint committee meeting at ministerial level in Seoul, South Korea on April 23, 2013, a senior official at the steel and mines department said.

The company has reduced its land requirement from 4,004 acres to 2,700 acres for building 8 million tonne per annum steel plant in the first phase.