India government mulls fertilizer plants handover

17 May 2010 10:00  [Source: ICIS news]

MUMBAI (ICIS news)--India’s Department of Fertilizers (DOF) is considering handing over the operation of two defunct fertilizer plants formerly run by the state-owned Fertiliser Corporation of India Ltd (FCIL), a source from the Ministry of Chemicals and Fertilisers said on Monday.

The Steel Authority of India had expressed an interest to take over FCIL’s fertilizer plant at Sindri, in Jharkand state, the source said, adding that SAIL planned to set up a steel plant at the site.

“SAIL has also offered to set up a fertilizer plant at the same site,” the source added, without providing any further detail.

In addition, the DOF may award the operation of the defunct Talcher unit in Orissa state to a consortium of consisting of the Gas Authority of India Ltd (GAIL), Rashtriya Chemicals and Fertilizers (RCF) and Coal India Ltd (CIL).

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By: Priya Jestin

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