Cabinet Approves Namrup-IV Fertilizer Plant in Assam:
The Union Cabinet, led by Prime Minister Narendra Modi, has approved the establishment of a new Brownfield Ammonia-Urea Complex (Namrup-IV) at Brahmaputra Valley Fertilizer Corporation Limited (BVFCL), Namrup, Assam. The 12.7 Lakh Metric Tonnes (LMT) annual capacity plant will be developed as a Joint Venture (JV) under the New Investment Policy (NIP) 2012, with a total estimated project cost of ₹10,601.40 crore and a Debt-Equity ratio of 70:30. The project is expected to be commissioned in 48 months and will significantly boost domestic Urea production, improve fertilizer availability in Eastern India, and create new employment opportunities.
