Nearly two decades after farmers in Odisha surrendered fertile farmland for a thermal power plant that never materialised, the land has resurfaced as the site of a Rs 35,000-crore steel project between an Indian and a South Korean company. In between, it passed through the hands of a little-known company with no business operations and zero turnover, prompting allegations of undervaluation, regulatory lapses and a corporate land transfer that villagers describe as a betrayal.
