RCF to invest Rs 14,000 crore for expansion

29 Aug 2015 Evaluate

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.

RCF Share Price

128.15 0.30 (0.23%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Coromandel Interntl. 1077.25
National Fertilizers 87.62
Chambal Fert & Chem 342.10
RCF 128.15
Paradeep Phosphates 66.39
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