MoneyWorks4Me

Chambal Fertilisers plans to set up urea plant in Tripura: Report

05 Aug 2015 Evaluate

Chambal Fertilisers & Chemicals has reportedly entered into an agreement with Oil and Natural Gas Corporation (ONGC) and the Tripura Government to set up urea plant in the state. The Department of Fertilisers would facilitate the setting up of the urea plant by taking up matters like allocation of gas and providing gas connectivity with the Petroleum Ministry. The subsidy for urea produced will be provided as per the provisions of New Investment Policy (NIP)-2012 and its amendment thereof.

Chambal Fertilisers & Chemicals is one of the largest private sector fertilizer producers in India. It has three divisions catering agri products, shipping & textiles.

Peers