1. PM to inaugurate the RFCL fertilizer plant at Ramagundam in Telangana
Tags: place in news Economy/Finance State News
In an effort to boost local production of fertilizer in the country, Prime Minister Narendra Modi will on 12 November 2022 inaugurate the RFCL fertilizer plant at Ramagundam in Peddapalli district of Telangana. The plant which started commercial production in 2021 has been revived at a cost of Rs 6,338 crore.
The Prime Minister will also inaugurate 54.1 km of railway line from Bhadrachalam Road to Sattupalli built with a budget of Rs 990 crore.
Government effort to become self-sufficient in Urea by 2024
India is a big importer of Urea and meets around 30% of its 35 million tonnes of annual urea requirement from imports. China, Oman, UAE, Egypt and Ukraine were the main source of Urea in 2021-22.
India aims to end imports of urea from 2025 by boosting its local production capacity with the commissioning of new plants.
According to the Union Fertilizers and Chemical ministry, the government plans to commission and revive five new plants at Gorakhpur in Uttar Pradesh, Ramagundam in Telangana, Talcher in Odisha, Barauni in Bihar and Sindri in Jharkhand. These plants are expected to add an additional capacity of 6.5 million tonnes of urea every year.
RFCL fertilizer plant
The Ramagundam Fertilizers and Chemical limited (RFCL) was set up in 2015 to set up a natural gas based ammonia urea complex along at Ramagundam, Telangana with design capacity of 2,200 MTPD(metric tonnes per day ) Ammonia Unit and 3,850 MTPD Urea Plant.
RFCL is a joint venture of National Fertilizers Limited (NFL), Engineers India Limited (EIL), Fertilizer Corporation of India Limited (FCIL) and Telangana government.
Gas Authority of India (GAIL) and HTAS Consortium (consisting of HT Ramagundam A/S, IFU and Danish Agribusiness Fund, Denmark) have also invested in the project.
