New Delhi: GAIL (India) has signed a preliminary agreement with the Chhattisgarh government to explore setting up a gas-based fertiliser plant in the state.
“GAIL will undertake detailed techno-economic studies for setting up a urea manufacturing plant of 12.7 lakh metric tonne (lmt), proposed to be strategically located along GAIL’s Mumbai-Nagpur-Jharsuguda Natural Gas Pipeline corridor,” the nation’s top gas marketer and transporter said in a statement. “Based on the techno-economic evaluation, investment decision will be taken for setting up the fertiliser project by GAIL.”
The Chhattisgarh government will provide facilitation at all stages of the project, including support for feasibility studies, identification and allocation of suitable land parcels, coordination with state and central authorities, statutory approvals, and the enabling infrastructure required for project implementation, the company said.
