Deepak Fertilisers and Petrochemicals Corporation has received environment clearance for expansion of its fertiliser facilities in Raigad district of Maharashtra, which would entail an investment of Rs 190 crore. The government has issued the clearance to the company proposal after taking into account the recommendations of a panel of experts.
As per the proposal, the company wants to increase the fertilisers production capacity from the existing 6 lakh tonnes per annum (TPA) to 11.25 lakh TPA.
Deepak Fertilisers & Petrochemicals Corporation business can be broadly categorized into Chemicals, Agribusiness and Specialty Retailing. The company's chemical division manufactures Methanol, various grades of Nitric Acid and Ammonia.
