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India to build new ammonia-urea plant in Assam; to invest INR 45 billion

DELHI, INDIA: The union cabinet in India said it has approved construction of an ammonia-urea complex at Namrup, Assam with a production capacity of 864,000 metric tonne per year (mtpy), having an estimated investment of Indian Rupees 45 billion ($833.3 million). The complex will be established via a public-private partnership route by a joint venture. wherein the JV partners will consist of Brahmaputra Valley Fertilizer Corp Ltd, the government of Assam and Oil India Ltd, with stakes of 11 per ...

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