Thu May 19, 2011 12:13pm GMT
NEW DELHI May 19 (Reuters) - Steel Authority of India is keen to set up a steel plant in Afghanistan if the country provides infrastructure support and raw material sources, the Indian state-run firm said on Thursday.
SAIL said in a statement 15 Indian steel and mining companies, including itself, were among the 22 companies short-listed by the Afghanistan government for grant of mining licences at Hajigak deposits, located 130 kilometres west of Kabul, that carry an estimated 1.8 billion tonnes of high-quality magnetite.
SAIL said its chairman had discussed the proposal with the Afghan minister for mines and that the Afghanistan government had shown keen interest in the proposal. (Reporting by Devidutta Tripathy; Editing by Aradhana Aravindan, sourced Thomson reuters)
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