Assam Cabinet approves revitalization of BVFCL

The Assam Cabinet has approved a series of significant measures, including the revitalization of Brahmaputra Valley Fertilizer Corporation Ltd (BVFCL) and other critical reforms.

BVFCL, a Central Public Sector Undertaking (PSU) located in Namrup, Dibrugarh, specializes in gas-based urea production. However, its operations and production capabilities require modernization to meet current demands.

To address this, the Cabinet has sanctioned a 40% equity investment worth ₹1,272 crore in a joint venture (JV) to establish the Namrup-IV unit. This move aims to rejuvenate BVFCL and sustain its contribution to agricultural productivity.


In other decisions, the Cabinet approved the conversion of loans and grants provided by the Government of Assam to Assam Power Distribution Company Ltd (APDCL), Assam Electricity Grid Corporation Ltd (AEGCL), and Assam Power Generation Corporation Ltd (APGCL) into equity. This conversion aligns with the provisions of Indian Government Accounting Standard (IGAS)-4, ensuring better financial management.

Additionally, the Cabinet modified the notified list of villages under the Sonowal Kachari Autonomous Council to include "Sonowal part" in some villages.

To ease land allotment processes under Mission Basundhara 3.0, the Cabinet approved an amendment allowing entities such as educational, religious, and cultural institutions to apply for land without mandatory submission of documents like registration certificates or trust deeds. However, these entities must provide proof of registration as non-individual juridical entities before receiving allotment or settlement offers.

The Cabinet also approved the acquisition of Patta land for constructing a state-of-the-art Judicial Township in Rangmahal, North Guwahati. This township will feature comprehensive judicial infrastructure, residential accommodations, essential amenities, and enhanced safety measures.