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National Fertilizers announces new JV company

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Capital Market
Last Updated : Jan 14 2015 | 8:01 PM IST

To set up Ammonia and Urea Plants

National Fertilizers announced that National Fertilizers (NFL), Engineers India (EIL) and Fertilizer Corporation of India (FCIL) have signed the Joint Venture Agreement on 14 January 2015. Agreement envisages to form a Joint Venture Company (JVC) for setting up new Ammonia and Urea Plants of 2200 MT per day and 3850 MT per day capacity respectively at the existing site of Ramagundam Fertilizer Plant in Distt. Karim Nagar in Telangana. The new Company will be registered as "Ramagundam Fertilizers and Chemicals".

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First Published: Jan 14 2015 | 7:23 PM IST

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