Government considering steps for reopening shut fertiliser units

The government is importing urea for reviving seven sick fertiliser plants across the country, besides increasing the capacity of existing units

The government is considering modalities for reopening several closed fertiliser units across the country, the Rajya Sabha was informed on Friday, reports PTI.

"Urea is being imported for reviving sick fertiliser units. Seven plants are currently not functioning and the government has decided to revive them," minister of state for chemicals and fertilisers Srikant Jena said during the Question Hour.

Mr Jena said that the government is also planning to increase the capacity of existing fertiliser units, and is also trying to convert their base from naphtha to gas.

He said that the ministry is also considering adding a fourth unit at Namrup fertiliser plant in Assam, as its existing three units are not functioning.

To another question, Mr Jena said that a joint venture company—KRIBHCO Shyam Fertiliser Ltd (KSFL)—had acquired a urea-ammonium plant of Oswal Chemicals and Fertilisers Ltd (OCFL) at Shahjahanpur in Uttar Pradesh in January 2006.

The joint venture unit suffered a loss of Rs39.87 crore during 2008-09 though earlier it had reported net profit of Rs3.41 crore during 2005-06, Rs3.76 crore in 2006-07 and Rs0.57 crore in 2007-08, he added.


  • Like this story? Get our top stories by email.


    We are listening!

    Solve the equation and enter in the Captcha field.

    To continue

    Sign Up or Sign In


    To continue

    Sign Up or Sign In



    online financial advisory
    Pathbreakers 1 & Pathbreakers 2 contain deep insights, unknown facts and captivating events in the life of 51 top achievers, in their own words.
    online financia advisory
    The Scam
    28 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
    Moneylife Online Magazine
    Fiercely independent and pro-consumer information on personal finance
    financial magazines online
    Stockletters in 4 Flavours
    Outstanding research that beats mutual funds year after year
    financial magazines in india
    MAS: Complete Online Financial Advisory
    (Includes Moneylife Online Magazine)