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PSUs to revive fertilizer plants

Published by , Digital Assistant Editor
World Fertilizer,

According to the Business Standard, coal, power and oil PSUs are to invest in four Indian fertilizer plants in order to revive them by 2020-21. It is expected that this revival will add approximately 7.5 million t of capacity.

"India's annual requirement of urea is 31-32 million t. In the fiscal year that ended on March 31 (2016-17), domestic production was 24.5 million t and the rest was imported," said Fertiliser Minister Ananth Kumar.

The country aims to be self sufficient in urea by 2021.

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India fertilizer news Fertilizer project news


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