SETTING UP OF A UREA PLANT IN IRAN
MINISTER OF CHEMICALS AND FERILIZERS
(SHRI ANANTH KUMAR)
(a) to (b): A statement is laid on the Table of the House.
STATEMENT REFERRED TO IN REPLY TO PART (a) TO (b) OF THE RAJYA SABHA STARRED QUESTION NO. 22* TO BE ANSWERED ON 24.04.2015 REGARDING “SETTING UP OF A UREA PLANT IN IRAN”
(a) to (b): Yes Sir. In order to ensure long term availability of Urea in the country, the Governments is facilitating setting up of a Urea/Ammonia Joint Venture Project in Iran with capacity to produce 1.3 Million MT Urea for import to India. A consortium of Indian Companies viz. Rashtriya Chemicals & Fertilizers Ltd (RCF), Gujarat State Fertilizers & Chemicals Ltd (GSFC) and Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) has appointed SBI Caps for advisory and due diligence services to identify a prospective Iranian JV partner in the project. The project is in consultation stage to identify an Iranian JV partner.