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Prime Minister Narendra Modi on Saturday unveiled a plaque to mark the commencement of revival activity at the Talcher fertiliser project in Odisha.
The project is expected to be commissioned in the next 3 years. Keeping in mind the 2019 general elections, Modi expressed confidence in getting another term as the Prime Minister. He said, “I have been told that production from this plant will start in 36 months and I promise to be here in 36 months at the start of production.”
The Talcher plant will be India’s first coal gasification based fertiliser plant and is being revived by Talcher Fertilizers Ltd (TFL), a joint venture between GAIL (India) Ltd, Rashtriya Chemicals & Fertilizers Limited (RCF) and Coal India Ltd (CIL). This plant will have the capacity of producing 1.27 million metric tonne per annum of neem coated urea using Coal and Petcoke as feedstock.
A TFL statement said, “The feedstock for the plant will be derived from the North of Arkhapal coal block in Talcher.” The Petcoke will be sourced from IndianOil’s Paradip refinery, an official said.
The Cabinet Committee on Economic Affairs had recently approved an equity investment of ₹ 1033.54 crore by Rashtriya Chemicals and Fertilizers Limited (RCF) for setting up a Coal Gasification based fertilizer project by TFL in Odisha.
An official statement had said this capital infusion is approximately 29.67 per cent of the total project cost. The capital expenditure of the project has been pegged at ₹ 11,611.48 crore with a 15 per cent cost escalation provision.
(The reporter was in Talcher on invite of Talcher Fertilizer Limited)
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