Sesa Goa seeks renewal of MoU from Jharkhand government
The multinational iron ore producer and exporter – Sesa Goa Limited has recently approached the state industry department for renewal of its MoU that was signed in 2003-04 and cancelled recently. Industry department source said the company has submitted a representation to this effect to state’s director of industries.
Jharkhand government had signed 75 MoUs for steel sector during last eight years, among them Sesa Goa was the 27th companies whose agreements were cancelled as the companies were delaying in implementing the terms and conditions of the MoUs.