PM Modi lays foundation for ₹10,601-cr ammonia-urea fertiliser plant in Assam

The Hindu
The Hindu
5h ago
2 views
PM Modi laid the foundation for a ₹10,601-crore ammonia-urea plant in Assam to enhance fertiliser production and regional development by 2030.
PM Modi lays foundation for ₹10,601-cr ammonia-urea fertiliser plant in Assam
A What happened
Prime Minister Narendra Modi laid the foundation stone for the Assam Valley Fertiliser and Chemical Company Ltd's (AVFCCL) new ammonia-urea plant in Dibrugarh district, Assam. This ₹10,601-crore project has an annual urea production capacity of 12.7 lakh metric tonnes and is scheduled for commissioning in 2030. The plant will serve Assam, the northeast region, West Bengal, Bihar, Jharkhand, and eastern Uttar Pradesh, aiming to address regional fertiliser needs. The project is expected to catalyse industrial growth, generate employment, and revive Namrup's legacy as a hub for gas-based fertiliser production. This aligns with government efforts ahead of upcoming state assembly polls and represents a strategic investment in agricultural and regional development.

Key insights

  • 1

    Regional fertiliser self-sufficiency: The new plant aims to reduce dependence on external fertiliser supplies for northeastern and eastern India, strengthening regional agricultural input security.

  • 2

    Economic and employment impact: Beyond fertiliser production, the project is positioned to stimulate local industrial activity and create substantial employment, addressing regional development challenges.

  • 3

    Reviving industrial legacy: Reinvesting in Namrup reestablishes its importance in India's gas-based fertiliser sector, tapping local natural gas resources to produce nitrogenous fertilisers.

Takeaways

The AVFCCL ammonia-urea plant foundation marks a strategic investment to boost fertiliser production, regional economy, and employment in northeastern India, with commissioning targeted by 2030.

Topics

Business & Markets Economy World & Politics Policy & Regulation