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SICK FERTILISER UNITS
No proposal for merger of sick fertiliser units with profit-making firms: Govt"Both units are operational. FACT has reported profit from 2018-19 fiscal to 2020-21. MFL has incurred losses from 2015-16 to 2019-20," Min...- Government plans to raise NFL's Nangal unit capacity by 1.3 MTAt present, National Fertiliser Ltd's Nangal unit has an installed capacity of 4.785 lakh tonnes (LT)
- Parliament Panel for expeditious revival of closed fertiliser unitsTaking note of slow progress in revival of eight closed fertiliser units, a Parliament panel has recommended "expeditious" revival of sick ...
- Expedite revival of closed, sick fertiliser plants: Parliament panelThere are seven public sector undertakings (PSUs) in the fertiliser sector having total of 23 manufacturing plants, and of which nine plant...
- Uttarakhand CM Harish Rawat takes up IDPL revival with CentreRawat has also urged for one-time financial assistance from the central government for maintenance of IDPL plants and machinery.
- Centre gives nod to gas-based fertiliser plant at RamagundamThe Government of India has agreed in principle, to establish a state-of-the-art natural gas-based fertiliser plant at Ramagundam in Andhra...
- CIL, RCF, Sail, Engineers India, National Fertilisers to repay Rs 300-cr loans of FCICoal India (CIL), Rashtriya Chemicals & Fertilisers (RCF), Sail, Engineers India and National Fertilisers Ltd plan to pay up Rs 300 crore o...
- SAIL likely to begin work on Rs 35,000 crore Jharkhand project soonSteel Authority of India (SAIL) is likely to begin work soon on its Rs 35,000-crore steel-cum-fertiliser complex at Sindri in Jharkhand.
- Fresh views sought from Finance Ministry on Rs 390 crore loan waiver for MFLChennai-based MFL had suffered huge losses since 2003-04, largely due to introduction of the New Pricing Scheme (NPS) for urea by the gover...
- Farmers to get fertiliser subsidy directly: Srikant JenaGovt said it intended to give subsidy to farmers directly and roll out a project by June under which subsidy would be checked at retailers ...
- Fertiliser Ministry mulls waiver of Madras Fertilisers Ltd loans worth Rs 550 croreThe Fertiliser Ministry is considering the waiver of Rs 550 crore worth of govt loans and accrued interest owed by MFL.
- Fertliser minister seeks SAIL's response on Rs 70,000 cr proposalThe Fertiliser Ministry has asked steel PSU SAIL if it would adhere to setting up an urea plant at the premises of one of its sick units as...
- Jaiprakash may buy Duncans' fertiliser unitThe group intends to acquire a controlling bloc of nearly 74% in the Duncans Industries’ fertiliser division, which is proposed to be hived...
- Govt may use Delhi airport model to revive sick fert unitsThe government is likely to invite global tenders in December for revival of six sick fertiliser units on the model of the Delhi airport.
- Fertiliser units'' revival to go to CCEAThe Cabinet Committee on Economic Affairs will consider a proposal to revive six state- owned fertiliser units through a revenue-sharing ar...
- Finmin rejects BRPSE plan to revive fertiliser PSUsThe finance ministry has turned down a proposal by the Board for Reconstruction of Public Sector Enterprises (BRPSE) to use government fund...
- RCF may spin off Thal III project into separate unitState-owned Rashtriya Chemicals and Fertilizers (RCF) plans to spin off the third phase of its Thal unit in Maharashtra into a separate com...
- Govt may raise Rs 700 cr from stake sale in two fertiliser PSUsWith the new fertiliser policy in place, the sale of Hindustan Fertiliser Corp and Fertiliser Corporation of India is likely to generate in...
- 'Transportation, taxes shouldn't hike delivered price'Fertiliser minister Ram Vilas Paswan has suggested that the EGoM on gas pricing and utilisation should also take up issues of gas transport...
- Govt to start 'on-line monitoring' of fertiliserChemicals and Fertiliser Minister Ram Bilas Paswan on Thursday said the Government will start district-wise 'on-line monitoring' of fertlil...
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