Rajasthan, Jindal Saw sign pact for Rs.1,500 crore project

January 5th, 2012 - 12:28 am ICT by IANS  

Jaipur, Jan 4 (IANS) State-owned Rajasthan State Industrial Development and Investment Corporation Ltd. (RIICO) Wednesday signed a memorandum of understanding with Jindal Saw Ltd. for a Rs.1,500 crore project for mining iron ore, copper and ancillary minerals.

The agreement was signed between RIICO MD Rajendra Bhanawat and Jindal Saw director (Projects) Dharmendra Gupta. The project will be located near Bhilwara, about 250 km from state capital Jaipur.

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