3.7 C
New York
Tuesday, February 7, 2023

Buy now

In Boost For ‘Bharat Urea’, PM Modi To Dedicate Telangana Fertilizer Plant To Nation On Nov 12

Prime Minister Narendra Modi will attend Telangana’s Peddapalli district on Nov. 12 to inaugurate a fertilizer plant, one of five to be revived by the central government in 2012. The RFCL plant will increase India’s urea production capacity.

The plant was included in the New Investment Policy (NIP) 2012 for revival to enable new investments in the urea sector. The prime minister had laid the foundation stone for the revival project in 2016. The natural gas-based ammonia-urea complex is a joint venture of National Fertilizers Limited (NFL), Engineers India Limited (EIL) and Fertilizer Corporation of India Limited (FCIL).

Before it was shut down, Ramagundam Fertilizers and Chemical Limited (RFCL) was one of the production units of Fertilizer Corporation of India. It was labeled a “sick” business in 1992. Over the next decade, most FCI units closed as they began to suffer heavy losses due to high input costs, electricity tariffs, and other reasons. A plan was later launched to revive them given India’s increasing reliance on urea and to reduce input costs, natural gas is being used as a fuel instead of coal.

The RFCL plant receives gas from the 365 km long gas pipeline in Kakinada, which became operational in March 2021. A press release from the prime minister’s office said the plant will make 12.7 LMT per year indigenous neem-coated urea production.

“The plant will ensure adequate and timely supply of urea fertilizer to farmers in Telangana as well as Andhra Pradesh, Karnataka, Chhattisgarh and Maharashtra. The plant will not only improve fertilizer availability but also boost the overall economic development in the region, including the development of infrastructure such as road, railway and supporting industry. Apart from this, the region will benefit from the development of MSME suppliers to supply the factory’s goods.’Bharat Urea’ will give a huge boost to the economy by not only the by reducing imports, but also by giving a boost to local farmers through timely fertilizer delivery and extension services,” the press release said.

Prime Minister Modi will also inaugurate some national projects worth Rs 9,500 crore in Ramagundam. He will also address a public meeting.

War of words for visit

Prior to the prime minister’s visit, the ruling TRS said the central government had insulted the people of Telangana by not following the minimum protocol in the invitation to the Ramagundam Fertilizer Factory program. Party leaders have claimed that Prime Minister K Chandrasekar Rao has not received an official invitation to the inauguration, despite the state holding an 11 percent stake in the company.

‘Modi Go Back’ utterances and posters have surfaced across the state, while 64 eminent citizens have written an open letter to the prime minister asking him to honor pending promises to Telangana. The CPI has announced it will protest Prime Minister Modi’s visit to Ramagundam and oppose his government’s policies.

In retaliation, BJP general secretary Tarun Chugh said, “Why is KCR opposing the opening of a fertilizer plant? This factory will benefit not only the farmers, but the whole country. KCR, which is losing influence by the day in Telangana, is drowning in despair. Because he failed to secure a massive majority in the previous election, KCR is concerned about his defeat in the upcoming election.”

Read all Latest political news here

Source link

Related Articles


Please enter your comment!
Please enter your name here

Stay Connected


Latest Articles