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National Fertilizers gets LoI from SDSC-SHAR for establishing N2O4 production plant

18 Apr 2017 Evaluate

National Fertilizers (NFL) has received Letter of Intent (LoI) from SDSC-SHAR (Satish Dhawan Space Centre, Sriharikota) for establishing Di-Nitrogen Tetroxide (N2O4) Production Plant (NPP) on Build, Own, Operate & Supply (BOOS) model. The project will be set-up on BOOS model at NFL Vijaipur, Guna, Madhya Pradesh. The Plant capacity shall be around 1095 MT N2O4 per annum. The Product (N2O4) shall be exclusively supplied to SDSC-SHAR under long-term agreement for 25 years period. Further, Project activities shall start around July 2017 with a gestation period of 18 months.

National Fertilizers is second largest producer of Nitrogenous Fertilizers in the India commanding 16.5% of market share. The company also manufactures spectrum of industrial products which include Methanol, Sodium Nitrate, Sodium Nitrite, Nitric Acid, Sulphur, Liquid Oxygen, Liquid CO2, Liquid Nitrogen etc.

National Fertilizers Share Price

77.40 1.10 (1.44%)
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