Rs 10,000 crore urea and captive power plant: Deal to be completed by September, claims promoter
Jul 18: Ammonia - Urea & Captive Power Greenfield Project 8Cost - Rs 10000 crore This is a private sector initiative, wherein a Chinese EPC is being roped in. Equipment funding will come from the Chinese, it seems. A gas supply agreement is in place with GAIL. And promoters claim to be in negotiations with the Chinese company. A deal is expected to be finalized in September. Industry insiders are a little skeptical but then you never know. Click here for more details