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National Fertilizers to invest Rs 1,250 crore on energy saving projects, new factory

07 May 2018

National Fertilizers (NFL) will invest Rs 1,250 crore over the next two years on energy saving projects in its existing five plants and set up a new plant in Madhya Pradesh to produce di-nitrogen tetroxide. 

The company is also reviving a closed urea plant at Ramagundam in the state of Telangana, in a joint venture (JV) with Engineers India (EIL), Fertilizer Corporation of India (FCIL) and the state government with an estimated cost of over Rs 5,300 crore.

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.

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National Fertilizers Share Price

59.30 -0.50 (-0.84%) Oct 14, 18:01
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GSFC 136.20
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323