New Delhi: GAIL has signed a preliminary agreement with Rashtriya Chemicals and Fertilizers (RCF) to form a joint venture to set up a gas-based fertiliser plant in Maharashtra’s Vidarbha region, the two companies said in a statement.The proposed urea plant will have a production capacity of 1.27 million tonnes per annum and will be located near GAIL’s Mumbai-Nagpur-Jharsuguda natural gas pipeline.“The proposed project is expected to contribute significantly towards meeting the growing fertiliser demand in the country, reducing import dependence and promoting industrial development in the Vidarbha region of Maharashtra,” said S Shivakumar, chairman, RCF.
GAIL, RCF ink pact for gas-based fertiliser plant in Vidarbha
GAIL and Rashtriya Chemicals and Fertilizers have signed an agreement for a joint venture. This collaboration aims to establish a new gas-based fertiliser plant in Maharashtra. The proposed urea plant will have a significant production capacity of 1.27 million tonnes annually. It will be strategically located near GAIL's existing natural gas pipeline. This project will help meet India's growing fertiliser demand and boost regional industrial development.
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