Guwahati, February 19: Nationwide Fertilizers Restricted (NFL), a Authorities of India enterprise, has introduced its choice to take part in a joint venture to ascertain the Namrup IV Fertilizer Plant in Assam. The choice was taken throughout a Board of Administrators assembly held on Wednesday, February 19.
In accordance with an official assertion, the NFL will maintain an 18% fairness stake in the joint venture, which goals to arrange a state-of-the-art Ammonia-Urea Advanced at Namrup, Assam. The challenge is anticipated to bolster the fertilizer business in the area and contribute to agricultural progress by guaranteeing a gradual provide of urea to farmers.
The Union Funds 2025-26 had introduced the establishing of a brand new urea plant in Namrup. This plant will produce 12.7 lakh metric tonnes (MT) of urea yearly, giving a serious increase to native farmers who depend on fertilizers for their crops. Assam Chief Minister Himanta Biswa Sarma had mentioned this urea facility will probably be a sport changer for your complete North East. “It won’t solely assist us obtain self-sufficiency in fertilizer availability but additionally higher channelise our pure fuel assets” he acknowledged.
The Division of Fertilizers, underneath the Ministry of Chemical compounds and Fertilizers, Authorities of India, is spearheading the initiative. The estimated completion timeline for the mechanical setup and commissioning of the plant is roughly 48 months from the zero date.
This funding aligns with the federal government’s broader purpose of strengthening home fertilizer manufacturing and lowering dependence on imports. The institution of Namrup IV is anticipated to create important employment alternatives in Assam and increase regional financial improvement.
The monetary particulars, together with the price of acquisition and share worth, are but to be disclosed. Nevertheless, the joint venture is anticipated to reinforce self-sufficiency in fertilizer manufacturing and assist India’s agricultural sector.
NFL, a Navratna firm, has been a key participant in India’s fertilizer business and with this new funding, it continues its dedication to modernizing the sector and supporting the nation’s farmers.
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