Hope for ailing PSUs: GAIL begins revival of Talcher Fertilizers

THROWING some ray of light for ailing PSUs, Prime Minister Narendra Modi on September 22 commenced work for the Talcher ferlitiliser plant at Angul in Odisha, the first such plant in eastern India. This is the first fertiliser plant in India to use coal-gasification technology. The plant will provide a template for using gas produced from coal, which is likely to be adopted by refineries and power plants to lower their emissions. Talcher Fertilizers Ltd is a joint venture between...

PSU revival: Four PSUs to form JV for Talcher urea plant

STATE-owned Coal India Limited, gas utility GAIL and fertiliser majors RCF and FCIL will form a joint venture for revival of Talcher urea plant in Odisha, Parliament was informed.

Earlier, there was proposal to form two joint ventures for the revival of the ailing PSU in Odisha.

"A Memorandum of Understanding was signed amongst Gas Authority of India Ltd (GAIL), Rashtriya Chemical Fertilizer (RCF), Food Corporation of India (FCIL) and...

Rekindling hope for closed PSUs, government will revive Talcher Fertiliser Project

Petroleum minister Dharmendra Pradhan and fertilizers minister Ananthkumar in New Delhi to discuss on Talcher Fertiliser Project

IN A move that is likely to rekindle hopes for a number of closed PSUs, the minister for chemicals & fertilizers Ananth Kumar said that government proposes to from two joint ventures for the revival of closed fertilizers plants at Talcher in Odisha and at Ramagundam in Telangana.

He stated this after a joint review meeting held on September 26 over this issue with MoS (independent charge) petroleum Dharmendra Pradhan. Secretary in the ministry of coal and CMD of Coal India Limited (CIL), secretary, department of fertilizers and other officials were also present in the meeting. The minister said an investment of about...