Oct 12 (Reuters) - India Resources Ltd IRL.AX :
* Recommencement of Surda expansion project IRL.AX
* Has been reached for the recommencement of the Surda expansion project
* Says negotiations between IRL, SEPC and HCL have been ongoing for several months
* IRL through its unit India Resources Copper Mining Private signs MOU with Shriram EPC as principal contractor to Hindustan Copper Limited (HCL)
* Says "recommencement of the Surda expansion project is a positive achievement for irl"
* SEPC has taken out a contractors all risk insurance policy. ICMPL has agreed to pay the premium on this policy
* IRL/ICMPL will provide third ranking charge limited to INR 7 crores and replaces earlier supplied corporate guarantee of 14 crores
Source text for Eikon ID:nASX7fBmMm