Chemicals sector projects by Rashtriya Chemicals and Fertilizers in Thal

5748

Rashtriya Chemicals and Fertilizers

<!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves/> <w:TrackFormatting/> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF/> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> <w:LidThemeComplexScript>X-NONE</w:LidThemeComplexScript> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> <w:DontGrowAutofit/> <w:SplitPgBreakAndParaMark/> <w:DontVertAlignCellWithSp/> <w:DontBreakConstrainedForcedTables/> <w:DontVertAlignInTxbx/> <w:Word11KerningPairs/> <w:CachedColBalance/> </w:Compatibility> <m:mathPr> <m:mathFont m:val="Cambria Math"/> <m:brkBin m:val="before"/> <m:brkBinSub m:val="--"/> <m:smallFrac m:val="off"/> <m:dispDef/> <m:lMargin m:val="0"/> <m:rMargin m:val="0"/> <m:defJc m:val="centerGroup"/> <m:wrapIndent m:val="1440"/> <m:intLim m:val="subSup"/> <m:naryLim m:val="undOvr"/> </m:mathPr></w:WordDocument> </xml><![endif]--> <p class="MsoNormal" style="margin-bottom:12.0pt;line-height:normal;background: white"><span style="mso-bidi-font-family:Calibri;mso-bidi-theme-font:minor-latin">With new urea policy getting delayed, state-owned RCF plans to seek clearance from Public Investment Board (PIB) for proposed expansion of its plant in Maharashtra at an investment of Rs 4,112.50 crore. </span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;line-height:normal;background: white"><span style="mso-bidi-font-family:Calibri;mso-bidi-theme-font:minor-latin">In March last year, in a meeting of pre-Public investment Board, the proposal to expand its urea capacity by 1.27 million tonnes at Thal plant was cleared. </span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;line-height:normal;background: white"><span style="mso-bidi-font-family:Calibri;mso-bidi-theme-font:minor-latin">Following which the RCF applied with the same project under the new urea investment policy, which assures guaranteed buyback. However, the policy has not been implemented so far as the ministry is contemplating amendments to the policy. </span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;line-height:normal;background: white"><span style="mso-bidi-font-family:Calibri;mso-bidi-theme-font:minor-latin">"We are still hopeful that government will come up with the urea investment policy and this project will be covered under it. But at present we are planning to seek PIB clearance for the project," a sources said. </span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;line-height:normal;background: white"><span style="mso-bidi-font-family:Calibri;mso-bidi-theme-font:minor-latin">The Mumbai-based PSU produces various grades of complex fertilisers at its two manufacturing units in Thal and Trombay in Maharashtra. </span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;line-height:normal;background: white"><span style="mso-bidi-font-family:Calibri;mso-bidi-theme-font:minor-latin">RCF, along with Coal India, GAIL and Fertiliser Corporation of India (FCIL), has also formed a consortium to revive the sick unit of FCIL at Talcher at a cost of Rs 8,000 crore to manufacture urea and ammonium nitrate via coal gasification. </span></p> <span style="font-size:11.0pt;line-height:115%;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;; mso-ascii-theme-font:minor-latin;mso-fareast-font-family:Calibri;mso-fareast-theme-font: minor-latin;mso-hansi-theme-font:minor-latin;mso-bidi-theme-font:minor-latin; mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA">The proposed unit at Talcher, which is expected to be commissioned by 2017, will manufacture 1.2 million tonnes of urea per annum (mtpa).</span><!--[if gte mso 9]><xml> <w:LatentStyles DefLockedState="false" DefUnhideWhenUsed="true" DefSemiHidden="true" DefQFormat="false" DefPriority="99" LatentStyleCount="267"> <w:LsdException Locked="false" Priority="0" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Normal"/> <w:LsdException Locked="false" Priority="9" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="heading 1"/> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 2"/> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 3"/> <w:LsdException Locked="false" Priority="9" 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INR 4112.50 Crore /-

Awaiting Clearances

Thal

Maharashtra

India

Chemicals