MoneyWorks4Me

RCF to expand urea capacity at its Thal unit

06 Mar 2013 Evaluate

Public sector fertiliser major Rashtriya Chemicals & Fertilisers (RCF) is planning to expand capacity at its Thal unit. In this regard, the company will invest Rs 4,112.5 crore to set up additional streams of ammonia and urea which will add 12.7 lakh MT per annum of urea capacity

Recently, the project has been cleared by pre-Public Investment Board (PIB) and the company is seeking PIB’s approval. After clearance from PIB, the proposal needs to be cleared by the Cabinet Committee on Economic Affairs (CCEA) for construction to begin.

The company is also in the process of lining up other construction and project management consultancy contracts and expects to start process design and construction work on the project in May.

Peers