Cabinet Approves Establishment of Namrup-IV Fertilizer Plant in Assam
Key Aspect | Details |
---|---|
Project Name | Namrup-IV Fertilizer Plant |
Location | Brahmaputra Valley Fertilizer Corporation Limited (BVFCL), Namrup, Assam |
Type | Brownfield Ammonia-Urea Complex |
Annual Urea Production | 12.7 Lakh Metric Tonnes (LMT) |
Estimated Cost | ₹10,601.40 crore |
Debt-Equity Ratio | 70:30 |
Implementation Timeline | 48 months |
Equity Shareholders | Government of Assam (40%), BVFCL (11%), HURL (13%), NFL (18%), OIL (18%) |
Cabinet Approvals | Establishment of Namrup-IV, Relaxation in DPE guidelines, Formation of Inter-Ministerial Committee |
Strategic Importance | Enhances Urea production in North-East, Reduces import dependency, Ensures fertilizer availability in key states, Boosts energy efficiency, Creates employment opportunities |