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Category: Orissa Fertilizer Projects
Rashtriya Chemicals & Fertilizers unit is planning to revive the Talcher fertilizer unit along with GAIL, Coal India Ltd and Fertilizer Corp of India Ltd. The project will entail an investment of Rs. 80000 million. The involved companies have signed MoU regarding their participation. The project involves coal gassification, coal washery and urea-cum-ammonia nitrate complex unit.
The Board for Industrial & Financial Reconstruction(BIFR) has delinked FCIL. Besides the government has waived the loan amount of Rs. 10644 million along with interest. It may be noted, the Talcher unit was closed down in 2002.
