The Company has formally started the negotiations of EPC Contract with EPC Contract. For the purpose, 2nd EPC price negotiations meeting was held on 27th February, 2013 with EPC Contractor and targeting to execute the EPC Contract by end of June 2013. As a result, the company has requested EPC Contractor to start Basic Design work and to keep the company update and EPC Contractor will send a weekly progress report in this regard.