GAIL (India) has signed a non-binding Memorandum of Understanding (MoU) with the Government of Chhattisgarh for development of a greenfield gas-based fertilizer project in the State of Chhattisgarh. As per the MoU, GAIL will undertake detailed techno-economic studies for setting up a urea manufacturing plant of 12.7 Lacs Metric Ton (LMT), proposed to be strategically located along GAIL’s Mumbai–Nagpur–Jharsuguda Natural Gas Pipeline (MNJPL) corridor. Based on the techno-economic evaluation, investment decision will be taken for setting up the fertilizer project by GAIL.
The Government of Chhattisgarh will provide facilitation across all stages of the project, including support for feasibility studies, identification and allocation of suitable land parcels, coordination with State and Central authoarities, facilitation for statutory approvals and enabling infrastructure necessary for project implementation.
GAIL (India) is India’s leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production & transmission, LNG regasification, petrochemicals, city gas, E&P, etc.
| Company Name | CMP |
|---|---|
| GAIL India | 167.45 |
| Gujarat Gas | 409.00 |
| Indraprastha Gas | 169.90 |
| Mahanagar Gas | 1180.15 |
| Adani Total Gas | 644.20 |
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