SHANGHAI, Jun. 23 (SMM) –On June 19, China’s East Hope Group and India’s ADANI Group signed an investment framework agreement.
East Hope Group plans to build alumina, aluminum, coal chemical and PV projects in Mundra Special Economic Zone, Gujarat, India through sole proprietorship or joint venture.
Mundra Special Economic Zone, operated by ADANI Group, has established a deep water port with international standard, which has the biggest annual throughput in India. There is an 8000MW coal fired power plant in the zone, importing coal mainly from Indonesia and Australia.
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