Rashtriya Chemicals and Fertilizers (RCF) and GAIL (India) have entered into a Memorandum of Understanding (MoU) for establishing a gas-based fertilizer project in the State of Maharashtra jointly through a Special Purpose Vehicle (SPV).
The proposed urea production facility, with a planned capacity of 1.27 million metric tonnes per annum (MMTPA), is envisaged to be established in the Vidarbha region of Maharashtra along GAIL's Mumbai-Nagpur-Jharsuguda Natural Gas Pipeline (MNJPL).
Rashtriya Chemicals & Fertilizers (RCF) is a leading fertilizers and chemicals manufacturing company with about 75% of its equity held by the Government of India.
