State-owned Oil and Natural Gas Corporation (ONGC) today said they are planning to set up hydrocarbon-based urea fertiliser plant in Tripura after completion of Rs 3,950 crore power project at Palatana in South Tripura district.
Company's Chairman-cum-Managing Director Sudhir Vasudeva said, "A survey for setting up an urea plant is going on. Based on gas availability in Thobal plant in North Tripura district and if feasibility is found positive, the plant would be set up."
Vasudeva who came to the state yesterday met Chief Minister Manik Sarkar and state Power Minister Manik Dey.
He said two months ago Sarkar requested ONGC to set up urea plant on the basis of which the survey was started.
Gas-based 726 MW thermal project at Palatana would start generation by May next year, he said adding that in the first phase 363.3 MW would be generated by May 2012 and three months later another 363.3 MW would be generated.
Vasudeva, who led the ONGC team in a spot visit programme, inspected several units of the gas-based project and reviewed the ongoing work status.