Investor News

The Economic Times reports on ECT's India Project

India's 'The Economic Times' is the latest to report on our India project, highlighting the level of interest by Indian media in this landmark project.

NMDC, NLC to ink MoU with Aussie firm ECT for R&D project

23 May 2018 | The Economic Times

NMDCNSE -0.52 % and NLC India Limited may sign an MoU with Australia-based Environmental Clean Technologies Limited for setting up an R&D facility involving an investment of AUD 35 million (USD 26.29 million) in Tamil Nadu, on May 30 in Canberra.

According to a regulatory filing by the Aussie company, the R&D facility will focus on development of innovative technologies in iron and steel making and a Special Purpose Vehicle (SPV) will be created upon completion of the R&D.

Sourceenvironmental clean technologies limited: NMDC, NLC to ink MoU with Aussie firm ECT for R&D project - The Economic Times