JSW Steel is likely to acquire the
Salboni site in West Midnapore district, for its proposed steel plant, by the
year-end. While majority of the land will come from the government, 450 acres
will be from private owners. Till now, 200 acres have been acquired.
The State government has offered to
allocate coal mines for the project, through the JSW and West Bengal Mineral
Development Corporation JV. The project's foundation stone will be laid at a
public ceremony in late-November 2007.