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Midwest Energy Accepts Rs 66 Crore MIDC Land For 5000 MTPA Facility


30 October 2026
Midwest Energy Ltd.

Accepted MIDC offer for ~301,595 sq mtr leasehold land at Butibori Ph-2, Nagpur for 5000 MTPA NdFeB magnet facility for Rs 66.35 crore premium, with 25% earnest money Rs 16.59 crore. Context: advances pre-commercial magnet facility build.


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