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The government on Thursday held inter-ministerial meetings to take stock of the plan to revive ailing fertiliser units. The meeting was chaired by Minister for Chemicals & Fertilizers, Ananth Kumar. Minister of State (Independent Charge) for Petroleum and Natural Gas, Dharmendra Pradhan, Minister of State (Independent Charge) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal and Minister of State for Chemical & Fertilizer, Mansukh Mandaviya attended the meeting.
Speaking at a press conference after the meeting, Kumar said that with the revival of the fertilizer projects, Gorakhpur, Barauni, Sindri and Talcher, an additional annual production capacity of 75 lakh tonne (LT) would be created. He said, “This would aid in meeting the country’s annual domestic demand of around 320 LT. Financial allocations and the ground level work would start in 2017 and the five plants would become fully functional by 2020-21.”
Oil Minister Pradhan said, “An investment to the tune of ₹ 50,000 crore is being undertaken for revival of closed fertilizer plants and setting up of gas pipeline network to connect Eastern India to the National Gas Grid.”
The key components of this infrastructure investment will be revival of fertilizer plants at Gorakhpur (Uttar Pradesh), Barauni (Bihar) and Sindri (Jharkhand), and Talcher (Odisha); Pradhan Mantri Urja Ganga pipeline of 2650 kilometre and setting up of LNG terminal at Dhamra (Odisha).
The government envisages an expenditure of ₹ 20,000 crore to revive fertilizer plants at Gorakhpur (Uttar Pradesh), Barauni (Bihar) and Sindri (Jharkhand). The Talcher Fertilizer Plant in Odisha is being revived with an investment of ₹ 8000 crore by a consortium comprising Fertilizer Corporation of India, GAIL, Rashtriya Chemical and Fertilizer Limited and Coal India Limited. The ground work for these plants is scheduled to commence in financial year 2017-18.
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