Kirloskar Ferrous emerges as preferred bidder in electronic auction of iron ore mines
Date : December 6, 2018
publication : Udaipur Kiran
Kirloskar Ferrous Industries has been declared as ‘Preferred Bidder’ in respect of e-auction of Bharat Mines and Minerals and Sri. M Channakesava Reddy (Sri Lakshmi Narasimha Mining Co) based on highest Final Price Offer submitted by the Company.
The grant of Mining Lease by the Government of Karnataka in respect of aforesaid mine shall be subject to making of necessary payments, completion of other terms and conditions of the Tender Document; obtaining of necessary approvals/permissions/clearances from various Government Departments/Agencies and execution of necessary agreements/deeds in the matter.
Kirloskar Ferrous Industries (KFIL) is the flagship company of the Kirloskar Group. KFIL was incorporated with the objective of catering to the requirement of high quality Pig Iron and intricate, thin walled grey iron castings to the emerging in Tractor, Auto, Engine and other related segments.