29 October 2016

US based firm Stonetek Energy plans India's first coal-based urea plant worth Rs 6,000 crore in Chandrapur, Nagpur

The proposed plant will be first of its kind, which will produce urea from coal. Coal based fertilizer manufacturing with coal gasification technology is going to be implemented for the first time in the country, with lower production cost and minimal emission. This urea will be cheaper in cost and farmers will get  urea in less rates. This coal-urea is going to be available Rs 10,000 per tonne cheaper than present rates.

Maharashtra Government has already allotted a piece of land to the US based firm, and Western Coalfields Limited (WCL) has agreed for coal linkage to the proposed plant. Coal is available in abundance in Vidarbha Region.

Presently urea manufacturing units  are either gas based on naphtha based and both the process are costly than this new technology of producing urea from coal. The technology is eco-friendly and being implemented in Chandrapur as a pilot plant. Once it is successful, it could be replicated in other plants.

Hopefully the project would start producing urea in 36 months.

Stay tuned to the "Fertilizer News" for more news on Fertilizer sector

27 September 2016

Kribhco investing Rs 1000 crores to setup P&K plant in Andhra Pradesh

Urea producer, public sector giant Kribhco is all set to stablish a 6 lakh tonnes per annum P&K plant in Krishnapatnam, Andhra Pradesh with an investment of Rs 1000 crores. This project would be completed in next four years. The company would double it's capacity later on to make it 12 lakh tonnes per annum.

Presently Kribhco producing 22 lakh tonnes of urea per annum at Hazira Gujrat. It has one plant in Shahjahanpur U.P. in partnership with Shyam Group to produce urea. Capacity of this plant is 10 lakh tonnes per annum. Besides this Kribhco has one another plant in Oman in partnership with Iffco.

Kribhco wants to tap the incentives AP government offering to new enterant in the state. The government will provide power at Rs 1 per unit for next 10 years. VAT will also not to be charged for next 7 years. Besides this lots of other incentives are being offered by the state government. Kribhco has done the calculations and excepts Rs 500 crores savings by government incentives.

Stay tuned to the "Fertilizer News" for more news on Fertilizer sector.

06 September 2016

Talcher Fertilizer will be functional by 2018, government announced

The Union Government has announced to produce Urea from Talcher Fertilizer by using coal gassification technology from 2018. Once operation is resumed, the plant will annually produce 13 lakh tonne of urea per annum. Government plans to laid foundation stone in November this year.

Union Petroleum Minister Dharmendra Pradhan has informed that Urea produced by this coal gassification technology will cost Rs 2 to 3 thousand less per tonne and farmers will get the benefit from this.

Present NDA Government has decided to revive the sick urea units in Uttar Pradesh(Gorakhpur), Bihar (Barauni), Odisha (Talcher) and Jharkhand (Sindri) by investing Rs 40000 crores. This Talcher Revival Project will cost Rs 9000 crores to the Government.

If we look back to Talcher Fertilizer (Odissa), it started urea production in 1980 with the capacity of 1500 tpd Urea and 900 tpd Ammonia. At that time the company had 1400 permanent employees and 3000 casual workers.

The company declared sick in 1991 by the government and sent it to the Board of Financial and Industrial Reconstruction (BIFR) for making a survival program. Though production continued till 1999, when the NDA government ordered to stop manufacturing urea from the plant. As a result, about 1200 employees were given voluntary retirement from the plant in 2002.

Stay tuned to the "Fertilizer News" for more news on Fertilizer sector.