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| Exchange Disseminated Time | Rashtriya Chemicals and Fertilizers Ltd has informed BSE that the Company has plans to expand the capacity of urea at Thal by setting up one single stream ammonia plant of capacity 2200 MTPD and one single stream urea plant of capacity 3850 MTPD at the existing site. The selection process for lumpsum turnkey contractors (LSTK) for main plants has been completed. The Project Cost is expected to be Rs. 4000 crore and will be completed in 36 months period from the zero date.
Board in the meeting held on August 27, 2012, has approved for applying lot PIB/CCEA clearance for the project.
Action for tie up of feedstock and for obtaining Environmental clearance is being undertaken. Company would also be starting the process for financial tie-up/closure and the LSTK Contract will be awarded after receiving the PIB/CCEA clearance. |
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