Cabinet approves setting up of Brownfield Ammonia-Urea Complex in Assam

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, approved the establishment of a new Brownfield Ammonia-Urea Complex with a capacity of 12.7 Lakh Metric Tonnes (LMT) of Urea production at Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) in Namrup, Assam. The project has an estimated cost of Rs.10,601.40 Crore and will be funded through a Joint Venture (JV) with a 70:30 Debt Equity ratio. The establishment of this unit is planned to be energy-efficient and aims to enhance Urea production capacity in the North-Eastern region, addressing the growing demand for Urea fertilizers in the area.