Engineers india investment in Ramagundam Fertilizer plant Modi's #Aatmanirbhar Bharat

Engineers india investment in Ramagundam Fertilizer plant Modi's #Aatmanirbhar Bharat

·         Hon’ble Prime Minister of India Shri Narendra Modi on November 12 dedicated to the nation, Ramagundam Fertilizer plant - a Gas based Urea Manufacturing Fertilizer Plant at Ramagundam, Peddapalli Telangana, with capacity of 2200 MTPD Ammonia Unit and 3850 MTPD Urea Unit. This is a big step towards #AatmaNirbhar Bharat and would reduce the import dependence of fertilizer in the country and achieve self-sufficiency in urea sector.

 

·         This will be one of the largest fertilizer manufacturing units of South India and would not only improve the availability of fertilizer to farmers but also give a boost to the economy in the region.

 

·         Ramagundam Fertilizers and Chemicals Limited (RFCL) has been incorporated as a joint venture company of Engineers India Limited (EIL), National Fertilizers Limited (NFL) and Fertilizer Corporation of India (FCIL) along with other equity partners viz., Govt. of Telangana, GAIL (India) Ltd. & HTAS for revival of Ramagundam fertilizer plant. EIL, while having 26% stake in the JV company, also provided its EPCM services for the project.

 

·         “But among all of this”, the Prime Minister said, “experts are predicting that India is moving in the direction of becoming the third largest economy.” Experts, the Prime Minister said, are also saying that growth equivalent to 30 years from the 90s will take place in the coming few years. “The chief reason for this perception is the change that has taken place in the country during the last 8 years. India has changed its approach to doing work in the last 8 years. In these 8 years thinking as well as the approach of governance has undergone a transformation”, he said. This can be seen in infrastructure, government processes, ease of doing business, and transformations which are being inspired by the aspirational society of India, he added.

 

·         The Prime Minister dedicated Fertilizer plant at Ramagundam to the nation whose foundation stone for Ramagundam Project was also laid by the Prime Minister on 7th August 2016. The driving force behind the revival of the Fertilizer Plant is the vision of the Prime Minister to achieve self-sufficiency in production of urea. The Ramagundam Plant will make available 12.7 LMT per annum of indigenous neem-coated Urea production.

 

·         The project has been set up under the aegis of Ramagundam Fertilizers and Chemicals Limited (RFCL) which is a Joint Venture Company of National Fertilizers Limited (NFL), Engineers India Ltd (EIL) and Fertilizer Corporation of India Limited (FCIL).

 

·         RFCL was entrusted with the responsibility of setting up the New Ammonia-Urea Plant with an investment of more than Rs 6300 crores.

 

  • Measures for improving fertilizer availability
    • 100% Neem Coating of Urea.
    • Opening of 5 big plants which were lying closed, more than 60 lakh tonnes of urea will be produced
    • Nano Urea push
    • Single Pan-India brand ‘Bharat Brand’
    • 9.5 lakh crore spent in 8 years to keep fertilizers affordable
    • More than 2.5 lakh crore spent this year
    • International price of Urea bag is Rs 2000, farmers pay Rs 270
    • Every DAP fertilizer bag gets 2500 subsidy
    • Soil Health card for informed fertilizer decision
    • 2.25lakh crore rupees transferred under PM Kisan Samman Nidhi

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