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Coal India informs about JV agreement between CIL, GAIL, RCF and FCIL

28 Oct 2015 Evaluate

Coal India has informed that Coal India (CIL), GAIL (India), Rashtriya Chemical Fertilizers (RCF) and Fertilizer Corporation of India (FCL) have entered into a Joint Venture Agreement on October 27, 2015 for incorporation of a Company namely viz ‘Rashtriya Coal Gas Fertilizers Limited’ to establish and operate new coal gasification based Fertilizer Complex (Ammonia Urea Complex) at Talcher along with power plant and associated facilities at Talcher unit of FCIL and to market its products.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Coal India 419.00
NMDC 80.69
Ashapura Minechem 518.35
Sandur Manganese 182.00
GMDC 553.15
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