Memoranda of Understanding
Posco Engineering & Construction India is a wholly-owned subsidiary of Posco Engineering & Construction Co. Limited which is based in Korea. Posco E & C India has signed a memorandum of understanding (MoU) with PNC Infratech Limited to jointly develop and also execute some infrastructure projects in India and its neighbouring countries. PNC Infratech is [...] Continue Reading »
The private investors like Reliance Jio, Fortis and ITC have shown interest in investing Rs 60,000 crore in Uttar Pradesh in areas ranging from agriculture to telecommunications. The state Chief Minister Akhilesh Yadav while addressing the Investor Conclave mentioned that his ministry will extend help and co-operation in conception and execution of the projects using [...] Continue Reading »
Last week, in the presence of chief minister Prithviraj Chauhan and minister of state for industries Sachin Ahir, the state industries department had signed 32 Memoranda of Understanding (MoUs) for Greenfield projects with various firms involving total investment of Rs 23,850 crore, but ministers are raising doubts over whether or not the projects will take [...] Continue Reading »
