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Chambal Fertilizers provides Rs 300 crore bank guarantee for Rajasthan plant

09 Mar 2016 Evaluate

Chambal Fertilizers & Chemicals has furnished a bank guarantee of Rs 300 crore on March 8 with the Ministry of Chemicals & Fertilizers, for setting up of new plant for production of 1.34 million tonne urea a year at the existing site at Gadepan, Kota in Rajasthan.

Chambal Fertilisers & Chemicals is one of the largest private sector fertilizer producers in India. It has three divisions catering agri products, shipping & textiles.

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