Gorakhpur, Sindri units of FCIL to be revived -Governance Now

Gorakhpur, Sindri units of FCIL to be revived

Cabinet approval has also been obtained for setting up of new ammonia urea complex at Namrup within premises of BVFCL

GN Bureau | February 13, 2017

#PSU #FCIL #HFCL #revival #cabinet #BVFCL #urea #fertiliser

The cabinet approval has been obtained to revive the Gorakhpur, Sindri units of Fertilizer Corporation of India Limited (FCIL) and Baruni unit of Hindustan Fertiliser Corporation Limited (HFCL), said union minister of chemicals and fertilizers Ananth Kumar.

He said that cabinet approval has also been obtained for setting up of new ammonia urea complex at Namrup within existing premises of Brahmaputra Valley Fertilizers Corporation Limited. Further, the Talcher plant will be the first ever unit to be revived based on the coal gasification technology, he added.

The minister said that the government has taken key measures to make the country self-sufficient in urea and other fertilizers and is promoting energy efficiency in urea production, maximizing indigenous urea production, timely import of urea and other fertilizers, prepositioning of fertilizers with the states during lean season to ensure adequate supply in the season and rationalizing the subsidy.

Indigenous urea as well as imported urea have been neem coated. This has resulted in an increase in farm yield with less urea required and helped check black marketing and hoarding of urea, he added.

The minister said that the overall budget allocation for the department of fertilizer for the year 2017-18 is Rs 74,235 crore. He added that fertilizers, along with power, has been the torchbearer of achievement of this Government. It has been one of the fastest growing sectors in the last quarter.

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