Market Brief
India's Brahmaputra Valley Fertilizer Seeks Financial Help from Government, an Industrial Info Market Brief
Facing a financial crisis, Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) is seeking help from India's Ministry of Chemicals and Fertilizers to revive BVFCL's obsolete fertilizer production units in Dibrugarh, in India's state of Assam
Released Tuesday, July 02, 2019
Facing a financial crisis, Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) is seeking help from India's Ministry of Chemicals and Fertilizers to revive BVFCL's obsolete fertilizer production units in Dibrugarh, in India's state of Assam. BVFCL aims to double its existing capacity for the ammonia and urea produced in two units.
The ministry's Assam office will form a public-private partnership (PPP) with National Fertilizers Limited, Rashtriya Chemicals & Fertilizers Limited, Oil India Limited, GAIL Limited and other entities for the projects.
Industrial Info is tracking 59 ammonia and urea projects in India, with a total investment value of about $11 billion. Click here for a list of active power-generation projects in China, and see graph below for a breakdown by project type.
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