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Article: India: Reliance Infrastructure enters steel EPC business.

Article from:
TendersInfo
Article date:
September 15, 2008
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Byline: deepak03

Reliance Infrastructure, an Anil Ambani group company, has entered into the engineering, procurement and contract (EPC) business for steel makers. The company last month signed an agreement with the Chinese steel giant China Metallurgical Group Corporation (MCC) to execute the business of steel projects in India.

Confirming the development, a Reliance Infrastructure executive said the move was aimed at encashing opportunities in the EPC business of the Indian steel industry, which is expected to witness the construction of Rs 70,000 crore in a year or so.

If Reliance Infra manages to win a few bids, it will be able to generate ...

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