A consortium of Indian companies led by the Public Sector Steel Authority of India Limited (SAIL) has bid for four blocks of Hajigak iron mines in Afghanistan.According to the agency reports the SAIL has proposed to set up a steel plant in Afghanistan.The Hajigak mines, are estimated to have a reserve of 1.8 billion tonnes of magnetite with 62-63 percent iron content.Reports say Hajigak minefields have attracted five other bids targeting different blocks. AIR Kabul correspondent adds that announcement of successful bidders is expected next month.
News On AIR | September 6, 2011 9:56 PM
Indian companies bid for four blocks of Hajigak iron mines in Afghanistan