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JSW Techno Projects in definitive agreement for 49% stake in Odisha's BRPL

Company to pick up stake from Aryan Mining and Trading Corporation

Aditi Divekar  |  Mumbai 

JSW Techno Projects

Management on Tuesday announced the execution of a definitive agreement with Pellets (BRPL) to acquire 49 per cent stake from and

In a BSE filing, informed that Odisha-based is engaged in manufacturing and sale of pellets. owns four million tonnes plant, 4.7 million tonnes beneficiation plant and 230-km slurry pipeline connecting the with the beneficiation unit.

Management is a promoter group company with the main objective of rendering project management services, including management consultancy services.

It also acts as advisor inter alia in matters relating to finance, organisation, management, commencement or expansion, cost control and technical know-how planning. Additionally, it undertakes strategic long-term investments activity.

First Published: Mon, December 18 2017. 13:48 IST