India's Adani Mining Pty Ltd has said that South Korea's POSCO Engineering & Construction Co Ltd will build the rail line for a long-delayed A$16.5 billion ($15 billion) coal and rail project in Australia. The cost and other details of the contract to build a 388 kilometre rail line for the Carmichael coal mine in the eastern State of Queensland will be set by the end of 2014 under a binding agreement, Adani said. POSCO E&C will help fund the rail line by buying an equity stake, Adani said. That could help Adani raise debt funding from South Korea, essential for a project that analysts have said would be uneconomic at current weak coal prices. "The binding agreement will enable us to develop a cost efficient rail solution," Adani Australia Chief Executive Jeyakumar Janakaraj said in a statement.
I wish to start pvc / pp electric wire unit in Delhi. What kind of information I can get if I subscribe for your magazine
Pls invite me all auction in gujarat
we are doing business developing for solar power ,thermal power , customer supporting and we have 45 mw splar power on hand needs investors.....
pls call +910842559230