$350bn bid by 'Team India' for Afghan iron ore deposits.

[StingRoy]

No you are still not right. The Chinese manufatured rolling stock is for this.

Rapid Metro Rail Gurgaon - Wikipedia, the free encyclopedia

Its a small privately funded rail line, which will run within Gurgaon.

It is infact a small feeder route for the Delhi metro, only 6km with 6 stations on the route. Plus the contract was awarded to Siemens who will be manufacturing the rolling stock at their Chinese plants.

 

[Roybot]

^^Dont forget the coffee bro

 

[Soumitra]

Is Lakshmi Mittal holding Indian passport ??

But even if he is not (which I suspect is the case) , under Arcelor-Mittals leadership this will be the overwhelming favourite.

He has Indian passport Lakshmi Mittal - Wikipedia, the free encyclopedia

 

[Skull and Bones]

hahahaha u r talking about afghanistan..,,,,,,,,,,not bangladesh,,,,u indians do ur bid waste ur money there,,and our babies hikmatyar and haqqani will take care or u,,,,

Just hope that no CIA agent is reading your posts, or they'll sent a drone right at your backyard

On topic: the total valuation of the reserve is estimated to be around $350 billion, so the bid price will be much lower (if not around or less than $100billion)

 

[Riteon]

What $ 350 billion bid in Afghanistan? Thats lot of money!!! US companies will have the upper hands.

Why we need to bid so much for iron deposits while we have one of the largest deposits of iron ore in the world!!!!

What we have should be kept in reserve

 

[JohnyD]

What $ 350 billion bid in Afghanistan? Thats lot of money!!! US companies will have the upper hands.

Why we need to bid so much for iron deposits while we have one of the largest deposits of iron ore in the world!!!![/QUOTE]





Because we have one of the toughest systems to get the required approvals if mining falls in and around the forest land…If it is non-forest land, then acquiring land from all stakeholders is one of the worst cumbersome activity…so , corporate world prefers to make a direct deal with governments who have the authority and take the responsibility to allot the required land/sea area…