Latest News | Namrup Urea Plant in Assam to Be Set Up at Cost of Rs 10,000 Cr in 3.5 Yrs: Fertilisers Secy
Get latest articles and stories on Latest News at LatestLY. The Centre will establish a new urea plant at Namrup in Assam at a cost of Rs 10,000 crore and will be built in three-and-half years creating as many as 1,950 direct and indirect employment opportunities, Rajat Kumar Mishra, Secretary, Department of Fertilizers said on Thursday.
New Delhi, Feb 13 (PTI) The Centre will establish a new urea plant at Namrup in Assam at a cost of Rs 10,000 crore and will be built in three-and-half years creating as many as 1,950 direct and indirect employment opportunities, Rajat Kumar Mishra, Secretary, Department of Fertilizers said on Thursday.
Finance Minister Nirmala Sitharaman announced the setting up of Namrup urea plant in the Budget for 2025-2026.
Addressing media on the Budget announcements made for the fertiliser sector, Mishra said, "this is the most awaited project in the North East and it will take 3.5 years to build and will cost around Rs 10,000 crore."
The proposed urea plant with a production capacity of 12.70 lakh tonnes will meet the demand in the North East and Eastern part of India.
If need arises, it can be exported to nearby countries, he said.
With the production at Namrup, the country's total urea production will reach 335 lakh tonnes, 75-80 per cent of India's total consumption, thereby reducing imports, he added.
The Secretary said the Namrup project will use both local and imported natural gas for urea production. There are plans to manufacture nano and other similar products.
The proposed project will create direct and indirect employment for 1,950 people, he added.
He also pitched for balanced use of fertilsers.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)