Gujarat Foil, Russian co in pact for aluminium project

Gujarat Foils Ltd has tied up with Russia-based United Co UC RUSAL to issue an expression of interest for setting up an alumina refinery and aluminium smelter in Kutch district of Gujarat. The total investment for the project would be about Rs 14,000 crore. The details of the joint relationship between Gujarat Foils and UC RUSAL will be discussed mutually in due course.