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Zuari Industries plans 1.3 mt gas-based urea plant at Belgaum

24 Mar 2011 Evaluate

Zuari Industries Ltd (ZIL) is in the process of acquiring land and obtaining environment clearances for its proposed 1.3 million tonne (mt) gas-based urea plant at Belgaum in Karnataka, involving an outlay of around Rs 5,000 crore.

The company would be getting the gas from Petronet LNG's Dahej terminal. This gas, which will be transported by GAIL India's Dabhol-Bangalore pipeline, goes through Belgaum, where the plant is proposed to be set up. The 1,400-km-long pipeline is scheduled to come up by March 2012.

In the meantime, ZIL is also looking to convert the feedstock for its existing 0.4 mt urea unit at Zuari Nagar (Goa) from naphtha to gas. The company claims to have already invested Rs 65 crore towards making the changeover.crackcrack

Zuari Industries Share Price

271.85 6.10 (2.30%)
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