PolicyEconomic Times
Coal India, IRP seek no sops for rare earth scheme
Neutral0
GreyOak summary
The Heavy Industries Ministry opened bids for rare earth permanent magnet manufacturing. Coal India and IRP Infratech sought zero incentives, while Prozeal, ReNew, and Midwest bid between ₹243 and ₹505 per kg. The ₹7,280 crore scheme aims to reduce import dependence over seven years.
What it affects
- Coal IndiaCOALINDIANeutral 0
Sought nil per kg incentive.Rolling sentiment Positive +20
Source
Read the original at Economic TimesMore Coal India news
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