In a bid to expand and chart out a growth path, State-run Rashtriya Chemicals and Fertilizers (RCF) is planning to invest around Rs 14,000 crore over the next five years. The expansion will include expanding its urea capacity at Thal unit (Raigad district) at a cost of Rs 5,458 crore and fertiliser complex at Talcher (Odisha) for Rs 8,000 crore. The company has already received pre-PIB (Public Investment Board) clearance.
Rashtriya Chemicals and Fertilizers (RCF) a Govt. of India Undertaking is a leading fertilizer and chemical manufacturing company with about 80% of its equity held by the Govt. of India. RCF manufactures Urea and Complex fertilizers (NPK) along with a wide range of Industrial Chemicals. Govt. of India has accorded 'Mini Ratna' Status to RCF.
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