Govt may part fund NMDC-led bid for Afghan Hajigak iron ore mine
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06/04/2011
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Indian Express (New Delhi)
The government is willing to part finance domestic companies in their global bid for the Hajigak iron ore mine in Afghanistan given the strategic importance of the war-torn country for India. It has suggested that the Indian companies form a single consortium led by state-owned National Mineral Development Corporation (NMDC) to jointly bid for the mine.
During a high-level meeting chaired by steel secretary P K Mishra today to discuss the contours of the bid, senior officials from the ministry of external affairs (MEA) said the government can dip into the Rs 5,850 crore corpus set aside for executing developmental projects in Afghanistan. They said about