Fertiliser stocks surged up to 13 per cent today after the government approved continuation of urea production from three plants.

Fertiliser Minister Ananth Kumar said the decision to approve continuation of its production was to ensure a smooth supply in southern stat...

Besides, the urea policy and nutrient-based subsidy for Phosphatic and Potassic fertilisers will also be on the table, the sources added.

The govt wants to ensure there is no shortage of urea in southern states, as there is only one active urea plant for the four southern stat...

The government had asked these companies to convert their plants into gas-based, but in absence of gas-connectivity these plants are forced...

Recently, Deepak Fertilisers had said it has sold over 26 lakh shares, representing 2.2 per cent stake, in MCFL.

He recalled that following a demand by his predecessor J Jayalalithaa in June, subsidy for the two plants had been extended upto September.

"The Karnataka Chief Minister Siddaramaiah requested for restarting the MCFL, I explained him the subsidy burden as urea's cost of producti...

Chief Minister O Panneerselvam in a letter to Prime Minister sought continuance of subsidy for the SPIC and Madras Fertilizer Ltd (MFL) pla...

Sources also added that further extension to these plants at the moment seems difficult as it will result in additional subsidy burden.

'It is ironic that the government, on the one hand, is contemplating to revive various sick and closed fertilizer units and, on the other h...

Senior officials both in RCF and the Fertilizer Ministry have confirmed that the proposal to set up RCF Videsh is under consideration.

'RCF Videsh' will focus on ventures and assets abroad where feedstock natural gas is cheap or raw materials are available in abundance.

Fertilzer & Petroleum Ministers discussed number of issues including supply of gas to the urea plants, revival of urea plants

Jayalalithaa alleged that the previous UPA government took the decision at the fag end of its tenure to suspend subsidy to urea manufacturi...

An extraordinary general meeting (EGM) of Spic held in Chennai on Monday cleared resolutions for issuing convertible preference shares to t...

An extraordinary general meeting of Spic held in Chennai on Monday cleared resolutions for issuing convertible preference shares to the pro...