India, which has so far been an urea importer is all set to become an exporting nation in the next 5 years with an addition of 10 million tonnes (MT) in fertilizer production capacity at an estimated investment of Rs 60,000 crore. Fertiliser Minister Ananth Kumar underscored that this development would help realize the dream of Prime Minister Narendra Modi to make India urea exporting country.
Further, the Minister highlighted that the government was working on revival and expansion plans with regard to 9 fertilizer (urea) plants in 5 years with an investment of Rs 60,000 crore, and the work with respect to that had already been commenced.
Among the five plants, the minister asserted the government has already started the revival process of closed fertilizer plants in Talcher and Ramagundam and had approved other two plants in Gorakhpur and Barouni. With regards to Sindri plant, fertilizer minister stated that his ministry was working on its revival process.
The minister added that new plants will be set up by Rashtriya Chemicals and Fertilsiers at Thal in Maharashtra and by BVFCL in Assam, post to which India’s urea production will increase by another 10 MT to 32 MT.