/ -- Rashtriya Chemicals and Fertilizers Ltd. (RCF) is a leading Public Sector Undertaking in India, engaged in the production and marketing of fertilizers and industrial chemicals. Manufacturing facilities of RCF are located at Chembur in Mumbai and Thal in Raigad district. RCF is one of the major producers of fertilizers and caters to about 8% of Country's demand of Urea and also supplies around 6 lakh tonne (Production + trading) of NPK fertilizers. Thus RCF is playing a vital role in enhancing the agricultural productivity and food security for the country and sharing social responsibilities throughout the cross sections of the country.
Both units are certified under Integrated Management System (IMS) for ISO 9001 (Quality Management System Certification), ISO14001 (Environmental Management System), OHSAS-18001(Occupational Safety and Health Management System), ISO 50001: 2011(Energy Management System Certification) and ISO 27001- for Information Security Management.
A- Financial Performance: (In Rs. Crore)
Particulars
2018-19
2017-18
Total Revenue
8965.14
7343.20
Total Operating Costs
8441.79
7015.23
Operational Profit
523.35
327.97
Depreciation/Impairment
155.69
137.04
Finance Cost
155.85
62.59
Profit/ (Loss) before Exceptional Items
211.81
128.34
Exceptional Items
(23.44)
0.12
Profit/ (Loss) before tax
235.25
128.22
Net Profit / (loss)
139.17
78.80
Awards Won by the Company :
RCF has won many awards during the year 2018-19, few of them are as under:
Trombay Unit
"Certificate of Merit" for conservation of energy in Chemical Sector from Maharashtra Energy Development Agency (MEDA) for the year 2017-18 2nd Rank for Excellence in Suggestion Scheme Contest 2018 organized by INSSAN in the Fertilizer Industries Group. "Bombay Chamber of Commerce and Industry CIVIC AWARDS: Sustainable Environmental Initiatives"- 2017-18 "ICC Award for Excellence in Environment Management 2017" Authorized Economic Operator-T1 certificate from Central Board of Indirect Taxes and Customs. Thal Unit
Heavy Water Plant received National Safety Council, (Maharashtra Chapter) "Certificate of Merit" for Meritorious Performance in Industrial Safety for the year 2017 FAI award for Excellence in Safety for the year 2017- 18. First prize in 12th State Level Award for "State level Excellence in Energy Conservation & Management" for the year 2017-18 from Maharashtra Energy Development Agency (MEDA), Govt. of Maharashtra. "Maharashtra Safety Award-2017" for achieving Lowest Accident Frequency Rate and Longest Accident Free Period in Chemicals & Fertilizers Industrial Group Highest Accident Free Days and "Zero Accident Frequency Rate" for the year 2017 from National Safety Council's. Five (5) Star Green rating for air quality for the year 2018-19 by Maharashtra Pollution Control Board for the third consecutive year. B- CSR Initiatives:
As part of its initiatives under "Corporate Social Responsibility", the Company has undertaken several projects in the areas of rural development, promoting health care and education aimed for the benefit of needy and for general good of the society. During the year, Company has spent Rs 3.88 Crore on CSR activities. Few major CSR initiatives are as follows:
Scholarship to meritorious students of SC / ST/ OBC communities. Providing drinking water since last 23 years to seven villages around Thal unit through pipelines laid down from the water reservoir in the unit which benefited more than 15,700 residents of the villages. Supporting Community Medical Facility by running two Mobile Medical Vans in collaboration with Wockhardt Foundation, at Thal, Alibag. Each medical van attends approximately 25,000 patients per annum. Supplied sports material and organised district level Adivasi Kabbadi Tournament wherein more than 1000 Tribals participated. Paddy, fruit saplings and free fertilizers are supplied to needy villagers near Thal. Government of India issued Guidelines to utilize CSR funds in a focussed manner towards national priorities. Company has selected "Osmanabad" as Aspirational district for utilizing CSR fund for this year's theme of "School Education and Health Care". Under this, RCF has set "Mini Science Centres" in 40 Zilha Parishad Schools and medical Equipment are supplied to Civil Hospital of Osmanabad. C- Projects:
1. Talcher Fertilizers Limited:
2. Sewage Treatment Plant (STP) at Trombay:
RCF is also exploring following Joint Venture Projects :
Namrup - IV Project at Brahmaputra Valley Fertilizer Corporation Limited (BVFCL): DoF has nominated RCF and NFL along with Oil India Ltd., Govt. of Assam and BVFCL in joint venture for setting up a Urea plant with an annual capacity of 1.27 Million MT at BVFCL, Namrup, Assam. The feasibility study for the project is carried out by PDIL. The estimated Project Cost is about Rs.7,600 Crore. The equity share of RCF is estimated to be Rs.388 Crore (17%). JV Project in Gabon: epublic of Gabon plans to set up green-field Ammonia Urea fertilizer complex at Mandji Island near port - Gentil of West coast of Gabon. The Urea plant capacity is envisaged to be 1.27 Million MT. Invitation to participate in Gabon Fertilizer Project comprising Ammonia-Urea fertilizer complex was received from DoF. Due diligence study is completed. There is likelihood of induction of another Indian JV Partner. The estimated Project Capital Cost is USD 1469.43 Million i.e. about Rs.10,286 Crore. JV Project in Syria and Jordan: In Syria and Jordon, investment opportunities for development of rock phosphate mines and production of phosphoric acid are being explored. Company has also undertaken major projects in the direction of improving energy efficiency:
The Projects completed in the year 2018-19 are:
GT-HRSG project has been successfully commissioned at RCF Thal, in the year 2018-19. Energy saving of about 0.30 Gcal/MT of Urea has been achieved in the year 2018-19 and additional 0.05 Gcal/MT will be achieved by Dec-2019 after installation of new motor driven ARC-IV compressor. The project cost is about Rs.363.80 Crore. Other energy schemes completed in Thal unit include installation of Vortex Mixer and Conversion Booster in the Urea Reactors, installation of Vapour Absorption Machine (VAM) for Process Air Compressor in Ammonia Plant, Installation of VAM for CO2 compressor suction cooling, Revamp of CO2 compressor is completed in the year 2018-19. Energy saving of 0.116 Gcal/MT of Urea is achieved with implementation of these schemes. Energy saving schemes under implementation:
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