NSL AND GOVERNMENT OF ANDHRA PRADESH MOU PROGRESSION HIGHLIGHTS...

NSL AND GOVERNMENT OF ANDHRA PRADESH MOU PROGRESSION

HIGHLIGHTS
* NSL executed MoU to support 5 year growth strategy in Andhra Pradesh directly with State Government of Andhra Pradesh (GoAP).
* MoU to unlock significant iron ore production potential for NSL in the newly formed State.
* GoAP land grant to NSL for future expansion of production facilities at final stages.
* GoAP power connection approval to NSL well progressed and supported by GoAP.
* MoU and subsequent actions of GoAP reinforces NSL’s bona fides and strategy of value addition in the Indian iron ore industry.
* Andhra Pradesh on track for +14% growth for next 15 years as a result of building a new state.

whoop whoop... 14% growth to 2029!