GAIL to start gas-based fertiliser unit in Chhattisgarh
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New Delhi: State-owned gas utility GAIL (India) Ltd on Tuesday said it has signed a memorandum of understanding with the Chhattisgarh government for exploring the development of a greenfield gas-based fertiliser project in the state.
Under the agreement, GAIL will carry out detailed techno-economic studies for setting up a urea manufacturing plant with a capacity of 12.7 lakh tonnes per annum, proposed to be located along GAIL's Mumbai-Nagpur-Jharsuguda natural gas pipeline corridor, the company said in a statement.
"Based on the techno-economic evaluation, an investment decision will be taken for setting up the fertiliser project by GAIL," it said.
The state government will facilitate the project by supporting feasibility studies, identifying and allocating suitable land, coordinating with state and central authorities, and assisting with statutory approvals and infrastructure requirements.
