07 October 2010 10:02 [Source: ICIS news]
The plant used to be owned by the Fertiliser Corporation of India (FCI) and has a urea capacity of 495,000 tonnes/year, based on FCI's website. The unit stopped operations since 1999.
RCF, along with joint venture partners Coal India Ltd (CIL) and Gail India, would shell out rupees (Rs) 80bn ($1.8bn) for the refurbishing and expansion works at the Talcher plant, which was also expected to produce ammonium nitrate, the source said.
The planned 1.1m tonne/year plant would be using coal-based gas as feedstock, he said, adding that the plant owners would soon start the tender process to pick a technology provider.
A delegation of officials from the three companies and the government had recently visited
CIL had committed to supply 3.7m tonnes of washed coal with 30% ash content for the project, the RCF source said.
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