28 September 2014

DOF plans to prevent subsidy leakages in fertilizer subsidy

The Department of Fertilizers (DoF) plans to prevent subsidy leakages by implementing barcode-based tracking of all fertilizer bags. For this purpose the DoF has invited Expression of Interest (EoI) from eligible entities for implementation of barcode-based Fertilizer Track & Trace Solution (FTTS). The Indian fertilizer companies produce 100 crore fertilizer bags of 50 kg every year. These bags are distributed through 1.5 lakh retail outlets across the country.        

Now as per the EoI document, each fertilizer bag will have a barcode tagged at the manufacturing site/port. The subsidy to be paid by Government will be linked with the scanning of fertilizer bags at wholesalers/retailer end. The fertilizer bags then will be scanned at certain number of pre-defined locations during the movement from plant/port to the retailer’s outlet.    

Implementation of barcode-based Fertilizer Track & Trace Solution (FTTS) will help DoF to estimate the availability of fertilizers at each sale point and enable DoF for better planning and movement of the fertilizers to the states/districts.

Stay tuned to Fertilizer News for getting more details on barcode-based Fertilizer Track & Trace Solution (FTTS) !

27 September 2014

BEC Fertilizers expects to commission its SSP plant in Jhagadia, Bharuch by December 2014

Jhagadia, Bharuch based BEC Fertilizers (Unit of Bhilai Engineering Corporation Limited) proposed plant will have an installed capacity of 3.30 lakh TPA of SSP (in powder form). Furthermore, it also proposes to convert part of the powder SSP to  Granulated SSP with an installed capacity of 1.65 lakh TPA. The construction is in full swing and the company expects to commission its Rs 107 crore single super phosphate (SSP) plant in December 2014.

BFL was originally incorporated in September 2006 under the name BEC Ispat Private Limited, (later converted into BFL in 2011). The company is part of the BEC group which has presence across diversified business like engineering, fertilizers, agro chemicals and food products.  The Fertilizer Division of the company manufactures and markets multiple agro inputs under the popular brand of "ANAND".   

Stay tuned to Fertilizer News for getting more details on BEC Fertilizers (BFL) !   

22 September 2014

Chambal Fertilizers (CFCL) took shutdown to repair its Ammonia Converter

Chambal Fertilizers and Chemicals Limited (CFCL) has informed the stock exchange that its Ammonia synthesis gas converter got leaked last month. So the company has decided to shutdown its one of the Urea Plants at Gadepan, District Kota, Rajasthan on 23rd August, 2014. The repairing work took around two weeks and the production resumed on 7th September at its ammonia-urea production complex at Gadepan.

CFCL is a private sector fertilizer company engaged in the manufacturing of urea in its two modern fertilizer plants located at Gadepan in Kota district of Rajasthan. This company was incorporated in 1993. The first plant (Gadepan-I)was commissioned in 1993 and second plant (Gadepan-II) in 1999. The capacity of these 2 plants is 2 Million MT of Urea per annum. The Gadepan-I Ammonia Plant has a capacity of 1,770 MT of Ammonia per day and Urea plant has a capacity of 3,100 MT of Urea per day. Similarly Gadepan-II Ammonia Plant has a capacity of 1,710 MT of Ammonia per day and Urea plant has a capacity of 3,000 MT of Urea per day.

Stay tuned to Fertilizer News for getting more details on Chambal Fertilizers (CFCL) !