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NFL to pick 18% stake for ₹572 cr in proposed JV to set up urea plant
Hindustan Times Pune
|April 19, 2025
THE PROJECT WILL INCREASE THE DOMESTIC UREA PRODUCTION CAPACITY, ESPECIALLY IN THE NORTH-EASTERN REGION
NEW DELHI: State-owned National Fertilizers Ltd (NFL) will pick up an 18% stake for about ₹572 crore in a proposed joint venture to establish a urea plant in Assam. In a regulatory filing on Friday, NFL informed that its board has given "consent to enter into Joint Venture Agreement with other nominated companies to form a Joint Venture company for setting up of a new Ammonia-Urea Complex Namrup-IV Fertilizer Plant at Namrup, Assam".
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