Posco gets Mecon Ltd as consultant

For Posco is yet to take a decision on where in Karnataka it wants to set up its plant. “They’ve done some trips to the sites but no decision has been made by them,” a senior industries department official said.

Speaking to Deccan Herald Industries Department Principal Secretary V P Baligar said: “They have recently appointed Mecon Limited as their consultant who will prepare a report for them and we are positive.”

Posco has visited Bagalkot, where it initially wanted to set up its plant, Koppal and Gadag –– all in vain. Baligar said that Posco wants to balance between the water and mineral supply before finalising the site and that is causing the delay.