Government will take a decision on SAIL-Posco joint venture for setting up 1.5 million tonnes integrated plant at Bokaro after its techno-economical feasibility report comes out next month.Talking to reporters on the side lines of a function in New Delhi steel secreatry P K Mishra said that India’s second largest steel producer Steel Authority of India and South Korean steel major Posco are in talks to set up the plant at Bokaro to produce high grade steel from low grade iron ore and non-coking coal using the world's third largest steel company's FINEX technology. To a question on whether the ministry is giving a majority stake to Posco in the 120 billion Rupees joint venture, he said the managerial issues will be discussed once the feasibility report is out. In reply to another question he said that public share offer of Steel Authority of India is expected to hit the capital market by February next year.At present, the Government holds a little over 85 percent stake in SAIL and post FPO, its equity in the company is likely to go down to about 69 percent.It will help the government to mop up 400 billion rupees for fiscal 2010-11.