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RCF likely to receive clearance from PIB to set up new urea plant at Thal

22 Feb 2016 Evaluate

Rashtriya Chemicals and Fertilisers (RCF) is set to receive clearance from Public Investment Board (PIB) for setting up a new urea plant at its current manufacturing facility at Thal in Maharashtra with an estimated investment of Rs 5,500 crore.

As per the proposal, an ammonia-urea plant will be set up at Thal in Maharashtra with a capacity of 1.27 million tonnes per annum at the company's current manufacturing location.

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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