"Senior ECT personnel will this week meet with NLC and NMDC to discuss the final report and to review next steps and anticipated timeframe to complete the remaining activities, including respective Board and Government approvals, ahead of signing the Master Project Agreement (MPA) and remaining steps through to financial close. "
Formal invitations have been sent to senior executives at NLC and NMDC to visit Australia. Further advice will be provided to the market if and when the dates and a formal program for the visit have been confirmed.
NLCIL and NMDC have now confirmed acceptance of the invitation and, subject to Visa application requirements, intend to arrive in Australia between 29 April and 6 May.
The parties have spent the past several years developing the business relationships, funding and corporate/legal structure for the Project. As per recent announcements, the parties are poised to sign the Master Project Agreement (MPA) following completion of respective Board and Government approvals.
Ann: Indian Partners Australian Visit Dates Confirmed, page-81
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