The Government has revived its plan to set up a fertilizer plants in Iran. The proposal is to set up a Urea/Ammonia JV Project in Iran with capacity to produce 1.3 MT Urea for import to India. Rashtriya Chemicals & Fertilizers Ltd., Gujarat Narmada Valley Fertilizers & Chemicals Ltd., and Gujarat State Fertilizers & Chemicals Ltd., have been identified as Indian Companies in the JV.