Sunday, June 1, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Industry Sectors

Update: Fertilizer plants being revived

Fiinews by Fiinews
January 9, 2019
in Industry Sectors, Investment, Manufacturing, Projects, Tenders
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Ramagundam commissioning in FY2019-20

 

 

The Ministry of Chemicals and Fertilizers is reviving urea plants at Barauni, Sindri, Gorakhpur, Talcher and Ramagundam.

Gorakhpur, Sindri and Barauni units of Fertilizer Corp of India Ltd (FCIL) are being revived through nominate route by forming a Joint Venture (JV) of nominated Public Sector Units, said the ministry in an update on 8 Jan 2019.

The ammonia-urea fertilizer plants of 1.27 MMTPA capacity each would be gas based.

A JV company, Hindustan Urvarak & Rasayan Limited (HURL), has been formed with shareholding of 29.67% of NTPC, IOCL and CIL each, as well as 10.99% of FCIL/HFCL

The following pre-project activities have been completed:
Environmental clearance obtained;
Gas supply & transportation agreement signed with GAIL (India);
Lump sum turnkey (LSTK) contracts for the 3 plants have been awarded;
State Governments of Uttar Pradesh, Bihar and Jharkhand have waived off stamp duty with respect to Gorakhpur, Barauni and Sindri projects, respectively.

The government has approved interest free loan equivalent to Interest during construction component of Rs.422.28 crore, Rs.415.77 crore and Rs.419.77 crore for Gorakhpur, Sindri and Barauni projects, respectively.
This would cover HURL’s Rs. 1257.82 crores investments.

The repayment to be spread over a period of 11 years.

Construction works have begun in all three projects, which are progressing as per the overall schedule.

These projects are likely to start production in FY 2021-22.

Talcher unit of FCIL in Odisha is also being revived through ‘Nomination Basis’ by forming JV of nominated PSUs.

Talcher Fertilizers Ltd (TFL), a JV company, has been formed with equity of GAIL, RCF & CIL at 29.67% each & FCIL’s 10.99%.

New Ammonia Urea plant of 1.27 MMTPA capacity is to be based on Coal Gasification Technology.

MoU with IOCL for supply of petcoke from Paradip refinery has been signed.

Power Price Parity for Bridge Linkage Coal has been approved by Ministry of Coal.

Captive coal mine has been allotted.

Site preparation work has commenced.

Bids for coal gasification and ammonia-urea project have been opened.

The Talcher Project likely to start production in FY 2022-23.

Ramagundam unit of FCIL is also being revived through nomination route by forming JV of nominated PSUs.

JV: Ramagundam Fertilizers & Chemicals Ltd (RFCL) has been formed.

Equity of NFL & EIL is 26% each and FCIL’s 11%.

RFCL is being revived by setting up a gas-based fertilizer plant of 1.27 MMTPA capacity.

Contract for laying of Gas pipe line has been awarded to GSPL India Transco Ltd (GITL), a subsidiary of Gujarat State Petronet Ltd (GSPL).

Gas Supply agreement has been signed with GAIL.

Water & Power connectivity has been being executed by State Governments at their expense.

Cumulative progress of RFCL project as on 30.11.2018 is 92.6%.

The project is targeted to be commissioned by FY 2019-20.

Elsewhere, a proposal has been received to set up Chambal Fertilizers & Chemicals Limited, a brownfield project with capacity of 1.34 MMT at Gadepan, Rajasthan.

Production has started at Matix Fertilizers & Chemicals Limited (Matix), a Coal Bed Methane (CBM) based Greenfield Ammonia-Urea complex at Panagarh, West Bengal. The 1.3 MMT per annum started production on 1 Oct 2017. fiinews.com

Tags: The Ministry of Chemicals and Fertilizers
ShareTweetShare

Related Posts

Make In India
Projects

Project: Trial of defence systems underway

by Fiinews
June 1, 2025
0
13

Wide array of advanced technologies being tested The Indian Army is currently undertaking extensive Capacity Development Demonstrations at key locations...

Aai
Projects

Project: Satna-Datia airports inaugurated

by Fiinews
June 1, 2025
0
14

Airports for progress of Bundelkhand and Baghelkhand regions In a major milestone for regional connectivity and infrastructure development, Prime Minister...

Afcons

Project: PM inaugurates Afcons Kanpur metro

June 1, 2025
13
PIB

Tender: PM officiates on Rs48,520cr Bihar projects

June 1, 2025
13
CII

Invest: Economy set for growth for 30 years

June 1, 2025
20
PIB

Manufacturing: Private sector to get opportunities  

June 1, 2025
14
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Project: Trial of defence systems underway
  • Project: Satna-Datia airports inaugurated
  • Tech: India is IT capital of the world
  • Project: PM inaugurates Afcons Kanpur metro
  • Export: India-Chile start trade talks

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.