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National Fertilizers Limited signs MoU

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World Fertilizer,

National Fertilizers Limited (NFL) has signed a Memorandum of Understanding (MoU) with the Department of Fertilizers, Government of India, for the 2017 - 18 fiscal year.

The MoU was entered into between Bharathi Sivaswami Sihag and Shri Manoj Mishra of NFL. Both senior officials of the Department of Fertilizers and NFL Directors were also present on the occasion.

The MoU lays stress, inter alia, on financial performance, growth in sale of Certified Seeds under Seeds Multiplication Programme, timely achievements of milestones of various capital projects, inventory control and commissioning of Bentonite Sulphur project.

Under this MoU, the company has targeted production of 3.8 million t of Urea and sales turnover of Rs 7500 crore.

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