The Government of Chhattisgarh and GAIL (India) Limited today joined hands for development of a greenfield gas-based fertilizer project in the State of Chhattisgarh.
A non-binding Memorandum of Understanding
(MoU) for this was signed in the presence of Hon’ble Chief Minister of Chhattisgarh, Shri Vishnu Deo Sai. The MoU was signed by Shri Rajat Kumar, Secretary (Commerce & Industries), Government of Chhattisgarh and Shri Rajeev Kumar Singhal, Director (Business Development), GAIL (India) Limited.
As per the MoU, GAIL will undertake detailed techno-economic studies for setting up a urea manufacturing plant of 12.7 Lacs Metric Ton (LMT), proposed to be strategically located along GAIL’s Mumbai–Nagpur–Jharsuguda Natural Gas Pipeline (MNJPL) corridor. Based on the techno-economic evaluation, investment decision will be taken for setting up the fertilizer project by GAIL.
The Government of Chhattisgarh will provide facilitation across all stages of the project, including support for feasibility studies, identification and allocation of suitable land parcels, coordination with State and Central authorities, facilitation for statutory approvals and enabling infrastructure necessary for project implementation.
About GAIL: GAIL (India) Limited is a Maharatna Public Sector Undertaking under the Ministry of Petroleum and Natural Gas and India’s leading natural gas transmission and distribution company. GAIL has significantly supported the country in the development of various downstream natural gas-based industries. GAIL now seeks to contribute to the fertilizer sector to strengthen domestic fertilizer production.
About Government of Chhattisgarh: The Government of Chhattisgarh is actively promoting industrial growth through investor-friendly policies, infrastructure development and ease of doing business initiatives.
