Fertiliser Plants

Centre planning to introduce measures to bring down fertiliser subsidy

Centre's focus is to bring down the cost of gas which is a key component for production of urea. Information from official sources indicated that bids, some of which stood at more than $30

Boosting production

New urea policy is showing encouraging results

Cabinet hikes ethanol prices, approves subsidy for non-urea fertilisers

The industry has on several occasions told the government the price of ethanol produced from sugar juice or syrup should be based on returns on equity

Centre seizes 35,000 bags of urea diverted from agricultural use

Being highly subsidised, there is always a tendency to divert urea towards non-agriculture purposes

Zuari Agrochemicals to sell Goa fertiliser plant to Paradeep Phosphates

Zuari Agrochemicals on Tuesday said it will sell its fertiliser plant and the associated biz at Goa to Paradeep Phosphates (PPL) for an enterprise value of USD 280 million (over Rs 1,100 crore).

Govt to revive 5 fertiliser plants to increase production by 65 lakh mt

To make India from being an importer to an exporter in the field of urea and fertilisers

Rs 50,000 cr plan to revive shut fertiliser plants, build new gas pipelines

The Central government along with cash-rich coal, power and oil PSUs will jointly invest over Rs 50,000 crore to revive closed fertiliser plants and set-up new gas pipelines, which would make India self-sufficient in urea by 2020-21 negating the need for imports.Briefing reporters after a mid-course assessment on revival of closed fertilizer plants in India, union fertilizer minister Ananth Kumar said that as and when all the five closed fertilizer units along start full-fledged operation, India's annual domestic urea production would rise to around 7.3 million tonnes, thereby meeting the demand of 31-32 million tonnes.Besides investing in rebuilding the shut urea plants at Gorakhpur in Uttar Pradesh, Sindri in Jharkhand, Talcher in Odisha and Barauni in Bihar, about Rs 13,000 crore is being invested in laying a gas pipeline to connect the eastern region with rest of the country.Another Rs 6,000-8,000 crore is being invested in setting up a terminal to import liquefied natural gas ...