Ann: Recommencement of Surda Expansion Project, page-2

This is great news, Surda is now 'back on track', operationally.

You can be damn sure that IRL will be focusing on final resolution of the tax case as well as obtaining funding in the next 3 months.

Of course, HCL owes IRL a lot of money ($4 million to $6 million) and HCL is still playing very dirty games.

The MOU for Aravalli will be signed in November. The LOI should then follow, I suspect.

It has taken 13 months to get Surda up again.

I believe that Arvind will step IRL up a 10 gears once funding is received for Aravalli.

Watch this space!

Aravalli