March 19, 2025 7:49 PM

Union Cabinet approves new ammonia-urea complex in Assam

The Union Cabinet, chaired by PM Modi, has approved the establishment of a new Brownfield Ammonia-Urea Complex with an annual production capacity of 12.7 Lakh Metric Tonnes (LMT) within the existing premises of Brahmaputra Valley Fertilizer Corporation Limited (BVFCL), Namrup, Assam. The project, with an estimated total cost of ₹10,601.40 crore, will be executed under a Joint Venture (JV) with a Debt-Equity ratio of 70:30, in accordance with the New Investment Policy, 2012, and its amendments...