The Economic Times News

Nalco, Dilip Buildcon shares in focus after securing Rs 423/ton, 25-year mining contract

NALCO awarded a 25-year Mine Developer and Operator (MDO) contract for the Pottangi Bauxite Mines to Dilip Buildcon at a base charge of Rs 423 per ton; both companies' shares will be in focus. The project includes developing the mine, an Overland Conveyor Corridor (OLCC), and allied infrastructure. Dilip Buildcon secured the contract as the L-1 bidder.