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Bids open for India rare earth magnet scheme

New Delhi: The heavy industries ministry has opened financial bids under the scheme to set up rare earth permanent magnet manufacturing facilities in the country. Officials said state-owned Coal India has sought a nil per kg incentive.Hyderabad-based IRP Infratech consortium with US-headquartered BaRupOn has also sought zero per kilogram production-linked incentive under the central scheme.…

First reported by The Economic Times 1 source
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  1. The Economic Times

    Bids open for India rare earth magnet scheme (opens The Economic Times in a new tab)

    New Delhi: The heavy industries ministry has opened financial bids under the scheme to set up rare earth permanent magnet manufacturing facilities in the country. Officials said state-owned Coal India has sought a nil per kg incentive.Hyderabad-based IRP…

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