Text of
the speech delivered by Chairman, Essar Shipping Limited
at the company’s Annual General Meeting held on September
20, 2001
October 04, 2001
Essar Projects is getting
a contract for construction of 200 kms of road in the state
of Karnataka, India, as per International Standards in
a joint venture with a pioneer road Construction Company
from Malaysia.
The company needs equipment as per the enclosed list for
this project and it is working on the following three options:
Purchase
of new equipment
Purchase of reconditioned
equipment, which should not be originally more than
3-4 years old
Purchase of new or old reconditioned
equipment with buy back facility after the project
is completed
The company understands
that you may not be dealing with all equipment in the list,
but however, please quote for the equipment of your interest
at the earliest to:
CORPORATE
