Work starts on CIL, NTPC, IOC's Rs 21,000 cr fertiliser project

Work starts on CIL, NTPC, IOC’s Rs 21,000 cr fertiliser project

Work has commenced on the fertiliser project of Hindustan Urvarak & Rasayan, a three-way joint venture between Coal India Ltd (CIL), NTPC and Indian Oil Corp (IOC).

The ambitious Rs 21,000 crore project to demolish three old coal-based fertiliser plants and use natural gas from GAIL’s upcoming Urja Ganga pipeline has secured ammonia technology to be implemented by a French company, for which a pact was signed this month.

A DNA report said: “And with Urja Ganga construction in full swing, the construction of three fertiliser plants has started.”

Quoting a source associated with the project, it said: “This month, there have been several important developments regarding the project, which have helped secure technologies as well as financial support.”

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