< Home < Back

RCF, GAIL, CIL to revive Talcher unit with Rs 8000 cr investment

Date: 12-07-2010

Rashtriya Chemicals and Fertilisers, Coal India and Gas Authority of India have agreed to jointly take up the revival of the Talcher unit using coal-based gas technology. The revival would require an investment of around Rs 7,000-8,000 crore.

 

The new shareholding pattern, exact amount of investment and the like will be decided later. Upon revival, the capacity of the Talcher unit will also be increased to 11 lakh tonnes per annum. The revival of the unit will reduce the subsidy burden on the government on urea imports.

 

Production at the Talcher urea unit, owned by the erstwhile Fertiliser Corporation of India, was stopped in 1999 because of low efficiency of production. The reopening of the unit gained momentum when a consortium of RCF, GAIL and CIL approached the government to run the unit using coal-based gas technology for supplying fuel.crackcrack