Ramagundam revival project
Ramagundam Unit of FCIL is being revived through ‘Nomination Route’ by a Consortium of PSUs namely M/s. Engineers India Limited (EIL), M/s. National Fertilizers (NFL) Limited and FCIL to set up gas based urea plant with the equity sharing of 26%, 26% and 11% respectively with a capacity of 2,200 MTPD Ammonia unit and 3,850 MTPD Urea Plant.
The Joint Venture agreement signed on 14.1.2015.
JV Company named “Ramagundam Fertilizers & Chemicals Limited” was incorporated on 17.2.2015.
The JV Company would operate the plant and EIL would take up the detailed Engineering Procurement of equipment and Construction (EPC) of the plant.
For balance equity tie-up (26%), discussions with GAIL & HTAS Consortium are in advance stage.
Contract for laying of Pipe line awarded to M/s Kalpataru. For hiring of Compressors on rent, LOA issued to M/s Kirloskar Pneumatic Ltd. by GITL for completion of works by Sep’18. Activities on schedule.
Gas Supply agreement with GAIL signed by RFCL on 17th November 2017.
Water & Power connectivity being executed by State Govt. at their expense. Target completion by April’18. Activities on schedule.
The project is targeted to be commissioned by Dec, 2018.