Thursday, 20 Jan 2011
PTI reported that leading private and state run steel firms including TATAs, Essar and SAIL are among the 14 Indian companies that have evinced interest in developing the Hajigak mines, containing an estimated 1.8 billion tonnes of iron ore, in Afghanistan.
The war torn country had invited an Expression of Interest to develop the mine, which it said is a part of its huge proven reserves worth an estimated USD 3 trillion.
Mr S Vijay Kumar mines secretary told PTI that "Fourteen Indian companies including TATA Steel, SAIL, Essar, NMDC and RINL have responded to the EoI floated by the Afghan government to develop its Hajigak mines.”
He said “These companies may bid for the assets up for offer in consortia or may go it alone in the upcoming auction. They will take a call in this regard after the Afghan government announces the modalities for the bidding round.”
Afghanistan had invited EoIs for multiple exploration concessions falling within the Hajigak mines. The last date for submission of EOIs was January 13. The Afghan government had said the selected bidder will be granted the concessions under Afghan Mineral Law.
Sourced from www.deccanherald.com and PTI
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment