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  • Monday, July, 2022| Today's Market | Current Time: 06:18:14
  • Government is reviving five closed fertilizer plants at a cost of around 38 thousand crore rupees to reduce import of Urea. Minister for Chemicals and Fertilizers D V Sadananda Gowda said this in a written reply in Lok Sabha today. He said these fertilizer plants are Talcher in Odisha, Ramagundam in Andhra Pradesh, Fertilizer Corporation of India limited in Gorakhpur and Sindri and Hindustan Fertilizer Corporation Limited in Bihar.

    Mr Gowda said the government had announced new investment Policy – 2012 in January 2013 to facilitate fresh investment in the urea sector and to make India self-sufficient in the urea sector.

    The Minister said, in the last three years, average imported urea is over 63 lakh metric tonne and average expenditure is over 12 thousand 797 crore rupees. He said, the average total production of urea in the country in the last three years is around 241 lakh metric tonne and the total consumption is over 305 lakh metric tonne.

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