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Posco donates Rs 1 cr to CMRF


Bhubaneswar,Oct 28:

Photo - POSCO India CMD Mr. Y W Yoon Hands Over Rs 1 crore to Honourable Chief Minister of Odisa for Relief & Restoration Work (1)

POSCO India which has proposed to set up its mega steel project near Paradip in Jagatsinghpur district, Odisha at a huge investment of Rs 55,000 crore, something that has been hyped as the biggest foreign direct investment( FDI) in India, has contributed Rs one crore to the Chief Minister’s Relief Fund (CMRF) today, said a company release.

Y W Yoon, CMD, POSCO India handed over a cheque of Rs 1 crore to the CMRF,’towards restoration and relief measures for the people affected by the recent cyclone and subsequent flood in Odisha’.

The cheque was formally handed over by Yoon to chief minister Naveen Patnaik at the state secretariat.

POSCO India also plans to undertake certain relief and restoration work in and around its project area in Jagatsinghpur district, Odisha, the company release said .