In a significant move, the Union Cabinet has sanctioned the National Investment Policy for Urea-2026, focused on promoting new gas-based manufacturing plants that will produce up to ten million tonnes of urea. The policy reshapes the previous framework by delineating fixed and variable pricing costs, implementing a return on equity band, and addressing foreign exchange vulnerabilities.

The government approved a new urea investment policy to establish new gas-based plants. This policy aims to create additional urea production capacity of ten million tonnes. It…

Cabinet approves National Investment Policy to establish 8-9 gas-based urea plants, boosting capacity by 10 million tons for self-reliance.

India's Cabinet approves a new Urea investment policy aiming for eight plants to boost domestic production and reduce import dependence.