The Hindu : National : Centre to revive fertiliser plant at Sindri

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Centre to revive fertiliser plant at Sindri

Jamshedpur: Minister of State for Chemicals and Fertilisers Srikant Jena on Sunday said the UPA Government has decided to revive the closed fertiliser plant at Sindri in Dhanbad district.

“We have already forwarded the proposal to the Union Cabinet and the proposal is likely to be taken up in the forthcoming Monsoon Session, commencing from August 1,” said Mr. Jena, who was in the steel city to campaign for party candidate-cum-MLA Banna Gupta for the July 1 Jamshedpur parliamentary bypoll.

Other plants to come up

“Besides the closed public sector unit at Sindri, “we also have proposals to revive fertiliser plants at Talcher (Orissa) and Ramagundam (Andhra Pradesh),” he added.

Mr. Jena said the Sindri Plant, which was closed during the NDA regime in 2001, will be revived jointly by Steel Authority of India Limited (SAIL) and National Fertiliser Limited (NFL), also a government enterprise.

He said SAIL has already surveyed the closed plant at Sindri and has plans to set up a steel plant as well as a power plant at the project site.

The revival package for the Sindri plant will be around Rs.7,000-8,000 crore and the subsidy on the fertiliser is likely to accrue to 1 lakh crore mark this fiscal. The plant will be of the capacity of three million tonnes per annum, he said, adding that there is adequate land for the plant and there was no need for further acquisition. – PTI

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