April 26, 2025 05:19 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Shehbaz Sharif breaks silence, says Pakistan ready for neutral investigation in Jammu and Kashmir terror attack | 'Either our water will flow or their blood': Pakistan leader Bilawal Bhutto threatens India over Indus Waters Treaty suspension | Pakistan official in UK makes throat-slit gesture at Pahalgam terror attack protesters in London | Over 550 Bangladeshi nationals detained in Gujarat in major crackdown on illegal immigrants | Pahalgam attack aftermath: Houses of three more terrorists demolished in Jammu and Kashmir | 'They'll figure it out': Donald Trump on fresh India-Pakistan border tension after Pahalgam attack | 'We are with you as you hunt down those responsible': US spy chief Tulsi Gabbard tells PM Modi on Pahalgam massacre | Centre defends Waqf laws in Supreme Court, says it would oppose any interim stay | Why was there no military deployment at Pahalgam? Opposition raises tough questions, Centre responds | Jammu and Kashmir: Top LeT commander Altaf Lalli killed during Bandipora encounter
The project targets an annual production capacity of 12.7 lakh metric tonnes (LMT) of urea. (Image credit: Pixabay)

Union Cabinet approves ₹10,601 cr ammonia-urea complex at Assam’s Namrup to boost fertiliser prodn

| @indiablooms | Mar 19, 2025, at 09:24 pm

New Delhi: The Union Cabinet on Wednesday approved the establishment of a new brownfield ammonia-urea complex at Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) in Namrup in Assam, media reports said.

The facility will have an annual production capacity of 12.7 lakh metric tonnes (LMT) of urea and will be developed at an estimated cost of ₹10,601.40 crore, reported Business Standard.

The project will be executed through a joint venture (JV) with a debt-equity ratio of 70:30 under the New Investment Policy, 2012, as amended on October 7, 2014. The Namrup-IV project is expected to be commissioned within four years.

The Cabinet has granted approval for National Fertilizers Limited (NFL) to hold an 18 percent stake in the JV, exceeding the standard limits prescribed by the Department of Public Enterprises (DPE) guidelines.

An Inter-Ministerial Committee (IMC) will also be constituted to oversee the plant's establishment.

As per the proposed equity structure, the Government of Assam will hold a 40 percent stake, BVFCL will own 11 percent, Hindustan Urvarak & Rasayan Limited (HURL) will have 13 percent, while NFL and Oil India Limited (OIL) will each hold an 18 percent share. BVFCL’s contribution to the equity will be in the form of tangible assets.

The project aims to enhance domestic urea production, particularly in the North-Eastern region, and address the growing fertiliser demand in Bihar, West Bengal, Eastern Uttar Pradesh, and Jharkhand.

The Namrup-IV unit will operate with improved energy efficiency and is expected to generate both direct and indirect employment in the region.

The initiative will contribute to India's goal of achieving self-sufficiency in urea production.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
PM Modi on Budget 2024 Jul 23, 2024, at 09:30 pm