New Delhi: Chambal Fertilisers has signed a pact with ONGC and the Tripura government to set up a urea plant in the state, Parliament was informed on Tuesday.
Based on the pre-feasibility study, which is underway, identification of land and ascertaining the availability of gas, a decision will be taken on the project, Minister of State for Chemicals and Fertilisers Hansraj Gangaram Ahir said in a written reply in the Lok Sabha.
"Chambal Fertilisers & Chemicals Ltd (CFCL) has informed that a non-binding memorandum of understanding has been signed amongst Oil and Natural Gas Corporation (ONGC), CFCL and Government of Tripura to conceptualise and develop a gas based fertiliser plant in Tripura," Ahir said in a reply.
The Department of Fertilisers would facilitate the setting up of the urea plant by taking up matters like allocation of gas and providing gas connectivity with the Petroleum Ministry.
The subsidy for urea produced will be provided as per the provisions of New Investment Policy (NIP)-2012 and its amendment thereof, the minister said.
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