Oil & Natural Gas Corporation (ONGC) is planning to establish urea manufacturing unit in Tripura. The company is considering setting up the Rs 5,000 crore facility in a joint venture with a private company as it has no experience in urea manufacturing.
The company is likely to select Khobal as the site for setting up the project considering the close proximity to Khobal gas field from where natural gas (hydrocarbon) would be supplied. With the commissioning of the project, the demand for urea will be met not only for Tripura but also for the entire north-east region and a large chunk of the fertiliser could be exported to neighbouring Bangladesh.
Last year, ONGC had discovered huge gas reserves at Khobal near the Assam-Agartala National Highway (NH-44).
