Saturday, May 21,
Steel Authority of India, or SAIL, is planning to outsource the mining of its 2 billion tonne iron ore reserves at Chiria mines.*
It will float a global tender inviting mine developers and operators, said chairman of SAIL C S Verma.
The Chiria reserve is a treasure trove that would sustain SAIL’s growth plans for the next two decades for iron ore.
“We are tendering this on a turnkey basis, bidders whether individually or as a consortium, will also take up the land and R&R issues,” said Mr Verma.
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