09 MAY 2011Business Standard
GMDC wants more players for its alumina plant B
Edited by : AL CIRCLE
1 min read
Even while Gujarat Mineral Development Corporation Ltd (GMDC) awaits a partner for its alumina project in Kutch, it has decided to invite financial offers from more companies for the project. It may be mentioned here that the state run mining major had shortlisted four companies for the project in January this year.
GMDC expects to get better price-proposition for the project by bringing in companies other than already shortlisted firms. Giving updates about the proposed Rs 14,000 crore alumina plant in Kutchh, V S Gadhvi, managing director, GMDC, said, "We are now in a process of inviting financial offers from the companies. We may invite these offers from shortlisted as well as non-shortlisted companies. We believe that most of the companies, which had filed the expression of interests (EOI) for the project earlier, are capable enough to partner with us for the project."
GMDC expects to get better price-proposition for the project by bringing in companies other than already shortlisted firms. Giving updates about the proposed Rs 14,000 crore alumina plant in Kutchh, V S Gadhvi, managing director, GMDC, said, "We are now in a process of inviting financial offers from the companies. We may invite these offers from shortlisted as well as non-shortlisted companies. We believe that most of the companies, which had filed the expression of interests (EOI) for the project earlier, are capable enough to partner with us for the project."
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