Rg Rajan

In an interview with CNBC-TV18, RG Rajan, CMD of RCF said that the company has received Rs 1500 crore in subsidy for FY16 and expects FY17 to be better on the back of good monsoons.

Direct benefit transfer for fertilisers a welcome step: RCF

In an interview with CNBC-TV18, RG Rajan, CMD of RCF said that the direct benefit transfer for fertilisers announced in the Budget is a 'welcome step'.

Gas price cut: CNG,cooking gas prices may fall, says Ind-Ra

The domestic gas price cut will make CNG 44-45% more competitive than diesel, compared with 39% currently, while PNG would become 1-2% more competitive than subsidised LPG, compared with a negative 8% currently

New urea policy to aid margin improvement: RCF's Rajan

The company imports around 15-20 percent of LNG that is used, said CMD of Rashtriya Chemicals and Fertilisers.

Gas prices to be $2-3/mmBtu higher post gas-pooling: RCF

After power, the Oil Ministry has moved a proposal to pool or average out prices of domestic natural gas and imported LNG used by fertilizer plants to make the cost of fuel uniform and affordable.

RCF to commission Talcher unit by 2016, stk up 4%

The RCF led second JV, requiring an investment of Rs 6000 crore, will be responsible for setting up ammonia-urea, nitric acid-ammonium nitrate plants

New gas price to impact working capital by Rs 100 cr: RCF

For full year FY15, working capital requirement stands higher at 1700 crore, says RG Rajan, CMD, RCF.

RCF plans new urea capacity with Rs 4,500-cr investment

The new plant will have capacity of about 1.27 million tonnes of urea per annum and it will also produce ammonia. The new project will be covered under the new urea investment policy, which has been recently notified by the government.

Rupee volatility led to reduction in imports in Q3: RCF

According to RG Rajan, if the gas price doubles to USD 8.4/mmbtu, RCF‘s subsidy burden will go up by around Rs 1,400 crore per annum.

Urea industry becoming sick with every passing day: Experts

The government has granted an additional Rs 9,000-cr aid to the fetiliser industry. However, industry players feel more is needed to protect its survival.

Subsidy of around Rs 1700 cr pending from govt: RCF

RG Rajan, CMD at RCF expects higher sales in the second half of the fiscal year. He says around 8 percent EBITDA margins or more can be expected in the remaining quarters.

Price hike unlikely; see better days ahead: RCF

In an interview to CNBC-TV18, RG Rajan, CMD of Rashtriya Chemicals and Fertilisers (RCF) spoke current subsidy burden and the road ahead.

Total project cost for Talcher unit around Rs 8000cr: RCF

In an interview to CNBC-TV18, RG Rajan, Chairman and Managing Director, RCF spoke about the memorandum of understanding of Talcher unit

Expect govt decision on divestment soon: NFL CMD

NFL reported a net loss of Rs 107.04 crore for the quarter ended March due to shut down of its three units.

Expect nod for new investment policy; hike urea prices: RCF

RG Rajan, CMD, Rashtriya Chemical Fertilisers (RCF) explains on CNBC-TV18 that the new investment policy, based on import parity pricing, maybe approved during this week or next and calls for a hike in urea prices as P&K (phosphorus and potassium) prices have gone up.

See 5% fall in sales of fertilisers this year: RCF

In an interview to CNBC-TV18, RG Rajan, chairman and managing director, RCF says the company may be about five percent short in the overall sales of fertilisers this year. "I think we may be marginally short than last year. Last year, we have done close to 41 lakh tonne," he adds.

See decline in DAP, NPK segments going forward: RCF

In an interview to CNBC-TV18 RG Rajan, chairman and managing director, RCF spoke about the financial performance of the company.

RCF eyes Rs 7500cr turnover next year

The fertilizer subsidy for FY13 has been pegged at Rs 610 billion in the Union Budget 2012. RG Rajan, chairman and managing director, RCF believes since there has been a substantial fall in the international price of DAP, MOP and NPK, this number is correct.

RCF plans follow-on share sale next fiscal

India's government plans to cut its stake in Rashtriya Chemicals and Fertilisers (RCF) through a follow-on share sale planned in the third or fourth quarter of the next financial year starting April, a top official said.

Plant shutdown resulted in lower profits: RCF

In the fertilizers segment, Rashtriya Chemicals and Fertilisers (RCF) reported poor results for the quarter ended June for FY12. The net profit fell by 80% to Rs 3.96 crore from Rs 19.8 crore in the year ago period, even though net sales saw a 10% increase year-on-year.