Sical and MMTC has formed a special purpose vehicle ‘Sical Iron Ore Terminals Ltd’ to set up a iron ore terminal in Ennore Port near Chennai. In the SPV, Sical will hold 63% while MMTC will hold the remaining 26% stake and the remaining will be held by L&T Infrastructure Development Projects Ltd. The proposed investment for the terminal is estimated at Rs.5000 million.
|11,950 ₹||4950 ₹||4950 ₹||4950 ₹||3950 ₹|
Copyright © 2013 Ibis Research Information Services Pvt Ltd. All Rights Reserved.
Contact : Ibis Research Information Services Pvt Ltd., 28, Rajaji Street, NGO Colony