Urea Production

According to company officials, the recent completion of the cross-country pipeline by Indian Oil Corporation Ltd (IOCL) and the supply of domestic gas by Oil and Natural Gas Corporation (ONGC) through the pipeline presented an opportunity for SPIC Ltd to transition to clean fuel sources.

Urea production to rise 7% to record 24 mn tn this year

Urea is a controlled fertiliser and is sold at a fixed selling price of Rs 5,360 per tonne. The difference between cost of production and selling price is paid as subsidy to manufacturers.

EGoM to mull diverting KG-D6 gas from fert to power cos

The diversion of KG-D6 gas to the power sector could lead to addtional power production of around 17,000 million kilowatt's per annum.

Fertiliser Min to send new urea policy to the Cabinet soon

The fertilizer ministry is likely to send the new urea policy proposing a 10% hike in prices to the Cabinet for approval by next week, say CNBC-Tv18 sources.