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Rs 7000 crore ammonia-urea plant: Experienced private sector promoter pushes ahead
Sep 06:
The cost of manufacturing urea through a new ammonia-urea plant is a incredible Rs 30,000 per tonne. The product is sold in the market at Rs 5360 per tonne, and the difference is disbursed as subsidy to the manufacturer
8This is a huge price differential, and the fate of unit will depend entirely on government policy. So investing in an expensive unit is not something that the faint hearted can do, and it is mostly the government that is pushing through new investments through its PSUs
8But this experienced private sector company is keen to go ahead nevertheless.
8The discussion process is ongoing for the EPC contractor as well as Process licensor, tender is likely to be released in November 2019. Earlier the release date was August
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8This is a huge price differential, and the fate of unit will depend entirely on government policy. So investing in an expensive unit is not something that the faint hearted can do, and it is mostly the government that is pushing through new investments through its PSUs
8But this experienced private sector company is keen to go ahead nevertheless.
8The discussion process is ongoing for the EPC contractor as well as Process licensor, tender is likely to be released in November 2019. Earlier the release date was August
Click here for more details
