ECT 0.00% 0.4¢ environmental clean technologies limited.

MPA soon?

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    NITI Aayog would have had the submission sometime in late Feb ( note: ECT could have had that infor for a week or so while preparing the update).
    NITI have had 2-3 weeks to review which they most likely would have given NLC and NMDC unless they know of another ground breaking steel making technology other than matmor they could recommend.
    IMO: announcement not far off my pick Friday or next week.


    “ MPA Next steps:

    Upon formal submission of the MPA from both NLC and NMDC this month
    , NITI Aayog will review the project against the national strategic plan and, subject to no further actions stemming from their review, the Company expects the Boards of NLC and NMDC to approve execution of the MPA shortly thereafter.
    The Company is informed that the review process at
    NITI Aayog may take several weeks.
    Further updates will be provided as information comes to hand.
    ECT & NLC Commence site preparations:
    Noting the likely additional time required for the NITI Aayog review, at a recent project meeting ECT and NLC have agreed to commence site preparations in Neyveli.


    Cheers
    M.oz
 
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