Central public-sector undertaking Rashtriya Chemicals & Fertilisers ltd (RCF) will invest Rs1,000 crore for revival of the Talcher fertiliser project. This has neen informed by Union Minister of Chemicals and Fertilisers Srikant Jena and RCF Chairman and Managing Director RG Rajan on Monday.
The RCF, along with the Coal India, GAIl and Fertiliser Corporation of India, is contemplating setting up a Rs6,000-crore fertiliser complex comprising a 2,700-MTPD ammonia plant, a 3,850-MTPD urea plant, a 850-MTPD nitric acid plant and a 1,000-MTPD ammonium nitrate plant at Talcher through coal gasification route as feed stock.
The project’s capital cost is estimated to be about Rs9,000 crore(including coal gasification). The RCF will invest Rs850 crore towards its equity participation in the proposed downstream project. The Talcher project isproposed to be implemented on a lump sum turn-key (lSTK) basis.