General Fertiliser News Blog Posts

Gujarat State Fertilizers & Chemicals (GSFC) Q1 FY13-14 Results : Fertilizer profit decline by 73.42%

State-run fertilizer company, Gujarat State Fertilizers & Chemicals Limited (GSFC) has posted a decline in its fertilizers business net profit for the period Q1 (ending June 2013) of the current fiscal (FY13-14). During the said quarter, profit b...
by Duncans Fertiliser on Aug 16, 2013

VBC Fertilisers & Chemicals Limited (VFCL) plans greenfield urea project investing Rs 9600 crore

The New Urea Investment Policy (NUIP) 2012 ensures a certain minimum profit on urea production. In response to this investment policy, so many industrialists want to invest money to setup brownfield and greenfield projects. It is expected that countr...
by Duncans Fertiliser on Aug 13, 2013

Kribhco Shyam Fertilizers (KSFL) plans brownfield urea expansion investing Rs 4132 crore

Shahjahanpur, UP based Kribhco Shyam Fertilizers Limited (KSFL) is subsidiary of  the Cooperative giant Krishak Bharati Cooperative Limited (KRIBHCO). KRIBHCO holds majority stake of 85% in KSFL with the balance 15% shares held by Shyam group co...
by Duncans Fertiliser on Jul 14, 2013

India would be self reliant in urea by end of 12th Plan (2012-17)

The Department of Fertilizers (DOF) expected that the demand of urea in the country by the end of 12th Five Year Plan (2012-17) will be around 360 lakh MT. At present the country have indigenous urea capacity of 220 lakh MT and 40 lakh MT from OMIFCO...
by Duncans Fertiliser on Mar 30, 2013

Revamped NFL plants would save subsidy even with spot-priced imported gas

National Fertilizers Limited (NFL) is a Mini Ratna PSU Company of India. NFL is India's largest PSU in Fertilizers Sector with a turnover of over Rs 7300 crores and an overall annual installed capacity of 32.31 lakh tonnes of Urea. Its three pla...
by Duncans Fertiliser on Jan 30, 2013

GSFC expansion plans of Sikka Fertilizers Complex

Estate owned Gujarat State Fertilizers & Chemicals (GSFC) plans an expansion of its Sikka Fertilizer Complex in Gujrat. Managing Director Atanu Chakraborty tld that they will spend Rs 1800 crore on this expansion project.The project involves sett...
by Duncans Fertiliser on Jan 29, 2013

Jagdishpur-Haldia pipeline Progress Update

Jagdishpur-Haldia pipeline is very crucial to revive the fertilizer units located along it. The defunct fertilizer units on this pipeline route are located at Kanpur, Gorakhpur, Barauni, Sindri, Durgapur and Haldia. These fertiliser units were using...
by Duncans Fertiliser on Jan 25, 2013

Jagdishput-Haldia pipeline Progress Update

Jagdishput-Haldia pipeline is very crucial to revive the fertilizer units located along it. The defunct fertilizer units on this pipeline route are located at Kanpur, Gorakhpur, Barauni, Sindri, Durgapur and Haldia. These fertiliser units were using...
by Duncans Fertiliser on Jan 18, 2013

Fertilizer Ministry seeks loan from banks to pay subsidy bills

Department of Fertilizers of Govt of India under the Ministry of Chemicals & Fertilizers is facing a problem of funding as the subsidy allocated in Budget 2012-13 has got finished in August 2012 itself. The Govt of India had allocated Rs 60,974 c...
by Duncans Fertiliser on Jan 1, 2013

Fertilizer industry facing liquidity crisis due to subsidy deficit

Fertilizer Association of India (FAI) demands Finance Ministry an additional  subsidy increase of Rs 30,000 crore for the current year 2012-13. The original total subsidy allocation as made in the FY 12-13 Budget was Rs 65874 crore which is not...
by Duncans Fertiliser on Dec 17, 2012

Cabinet (CCEA) clears new urea investment policy

The Cabinet Committee on Economic Affairs (CCEA) has cleared the new urea investment policy. The new policy offers a remarkable amount of incentives to green field projects (new urea plants) and the projects expanding capacity by existing companies.
by Duncans Fertiliser on Dec 14, 2012

Fertiliser Association of India (FAI) demands a sovereign wealth fund for fertiliser industry of India

Fertilizer industry of India is facing many critical problems these days. To overcome these difficulties of fertilizer producers, Fertilizer Association of India (FAI) demands to establish a sovereign wealth fund from Government of India. F...
by Duncans Fertiliser on Dec 11, 2012

NFL's three gas converted units need 2.8 mmscmd of gas

Public Sector fertilizer manufacturing company Nangal Fertilizer Limited (NFL) has almost completed its Panipat, Nangal and Bhatinda units conversion from naphtha to gas. Commissioning work is in full swing and now it requires 2.8 mmscmd of...
by Duncans Fertiliser on Dec 7, 2012

Rs 750 crore Loan from a consortium of four banks to Kanpur Fertilizers & Cement Limited (KFCL)

Jaiprakash Associates Limited (JAL) has informed its share holders through the postal ballot that it has secured Rs 750 crore loan from a consortium of four banks for funding revival of Kanpur fertilizer plant (KFCL). JAL wants approval from share ho...
by Duncans Fertiliser on Dec 3, 2012

Farmers are hesitating to sowing wheat due to shortage of fertilizers

Rabi season has started and in early weeks only there is a short supply of fertilizers. Farmers are in trouble to see the shortage of fertilizers. Wheat is the main crop of Rabi season. Total 3 crore hectares of land has been used to cultivate wheat...
by Duncans Fertiliser on Nov 21, 2012

IFFCO Paradeep applied an environment impact assessment report to Ministry of Environmemnt

Indian Farmers Fertiliser Cooperative Limited (IFFCO) Paradeep preparing itself to commission its third sulphuric acid plant (SAP) at its fertilizers complex at Paradeep in Orissa within 30 months from the date of grant of environmental clearance.In...
by Duncans Fertiliser on Nov 12, 2012

SPIC Fertilizers given the contract of feedstock changeover to a leading process engineering company

Tuticorin Tamilnadu based Southern Petrochemical Industries Corporation Limited (SPIC) is gearing up itself for feedstock changeover. The company has given the contract of proposed changeover of feedstock to a leading process engineering company. SPI...
by Duncans Fertiliser on Nov 9, 2012

India's fertilizer subsidy bill is expected to rise by Rs 10,000 crore for FY 2012-13

Vijay-KelkarAccording to Kelkar Committee Report the fertilizer subsidy bill for FY 2012-13 is expected to increase by Rs 10,000 crore in respect of the budgeted estimates. The Government has to take reform action immediately to curb this increase in...
by Duncans Fertiliser on Nov 7, 2012

Urea subsidy agreement of KFCL yet to clear by GoM

A meeting of Group of Ministers (GoM) was scheduled on 25th October 2012 to consider the urea subsidy agreement of KFCL Kanpur. But this meeting has not been held due to absence of some members of Group of Ministers (GoM). Due to this, Chan...
by Duncans Fertiliser on Oct 30, 2012

Direct Subsidy Scheme Phase III for fertilizer by March 2013

In near future, fertilizer subsidy will be directly credited into the farmers banks account. The Department of Fertilizes (DOF) is preparing a detailed project report (DPR) on Phase III fertilizer subsidy scheme and set a target d...
by Duncans Fertiliser on Oct 18, 2012
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