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NFL to Invest ₹572 Crore in Joint Venture for Namrup-IV Urea Plant in Assam
The Statesman Kolkata
|April 19, 2025
State-owned National Fertilizers Ltd (NFL) has announced that it will acquire an 18 percent stake in a proposed joint venture to set up a new Ammonia-Urea complex—the Namrup-IV Fertilizer Plant—in Assam at an investment valued at approximately Rs 572.45 crore.
In a regulatory filing on Friday, NFL said its board had approved entering into a Joint Venture Agreement with other nominated entities to establish the Namrup-IV project within the existing premises of Brahmaputra Valley Fertilizer Corporation Ltd (BVFCL) in Namrup, Dibrugarh district of Assam.
The total project is estimated to cost Rs 10,601.40 crore and will be implemented as a brownfield expansion.
This story is from the April 19, 2025 edition of The Statesman Kolkata.
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