India Steel Market Watch
November 18: KIOCL Ltd has floated tender inviting bids from empanelled bidders for carrying out drilling works for prospecting of iron ore block at Minchery RF in the Kalyanadurga range of Nemakal (V) in Andhra Pradesh.
The prospecting includes core drilling works, detailed core logging, storage and transportation of core boxes to KIOCL laboratory situated at Mangalore for preservation and analysis purpose, carrying out 10% of check sample analysis at the NABL-certified laboratory situated near to the drilling site, and exploration/geological report preparation.
KIOCL has signed a MoU with APMDC (an Andhra Pradesh government undertaking) for joint exploration and exploitation of Nemakal iron ore deposits.
The last date for submission of quotation is November 26, 2015.