Deepak Fertilisers and Petrochemicals Corporation (DFPCL) will be receiving the pending fertiliser subsidy amounting to Rs 310.52 crore. The Department of Fertilisers (DOF), Ministry of Chemicals and Fertilisers, Government of India will be releasing the balance withheld amount of Rs 310.52 crore to the company on providing a Bank Guarantee of equivalent amount.
Deepak Fertilisers and Petrochemicals Corporation (DFPCL) is a manufacturer of fertilizers. The company’s segments include Chemicals, which offers products, such as ammonia, methanol, dilute nitric acid (DNA), concentrated nitric acid (CAN), carbon dioxide (CO2) etc.