Gorakhpur &Sindri units of Fertilizer Corporation of India limited (FCIL) and Barauni unit of Hindustan Fertilizer Corporation Limited (HFCL) are being revived by means of Special Purpose Vehicle of Public Sector Undertakings (PSUs) through nomination route. A Joint Venture (JV) Company named "Hindustan Urvarak&Rasayan Limited (HURL)" comprising of National Thermal Power Corporation, Coal India Limited, Indian Oil Corporation Limited and FCIL/HFCL has been formed, Shi Mandaviya stated.
Further the Minister informed that the Talcher Unit of FCIL is being revived on 'Nomination basis' by a Consortium of PSUs namely Rashtriya Chemicals and Fertilizers Limited (RCF), GAIL(India) Limited, CIL and FCIL. A JV Company named "Talcher Fertilizers Limited (TFL)" has been formed. Ramagundam unit of FCIL is being revived on nomination basis by consortium of PSUs namely Engineers India Limited (EIL), National Fertilizers Limited (NFL) and FCIL. A JV Company named "Ramagundam Fertilizers & Chemicals Limited" has been formed.
Expected date of operationalization of these plants are as under:
Fertilizer Plant Expected month of operationalizationTalcher December, 2020Ramagundam November, 2018Gorakhpur August, 2020Sindri September, 2020Barauni October, 2020Powered by Capital Market - Live News
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