Revival Of FCI Unit In Ramagundam

GOVERNMENT OF INDIA

MINISTRY OF  CHEMICALS AND FERTILIZERS

RAJYA SABHA

QUESTION NO  1124

ANSWERED ON  16.08.2013

SHRI Y.S. CHOWDARY
Will the Minister of CHEMICALS AND FERTILIZERS be pleased to satate :-
Will the Minister of CHEMICALS AND FERTILIZERS be pleased to state:

(a) whether Government is considering to revive the Fertilizer Corporation of India unit at Ramagundam in Andhra Pradesh;

(b) if so, the status thereof;

(c) whether revival of fertilizer factory at Ramagundam would help in augmenting the current fertilizer production capacity; and

(d) if so, the action taken by Government till date in this regard?
   

ANSWER

MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF CHEMICALS & FERTILIZERS AND MINISTER OF STATE (I/C) IN THE MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION

(SHRI SRIKANT KUMAR JENA)

(a) to (d) Yes, Sir. The Cabinet Committee on Economic Affairs (CCEA) in August, 2011 had approved the Draft Rehabilitation Scheme (DRS) for revival of all the Units of FCIL, including Ramagundam Fertilizer Plant. DRS envisaged revival of Ramagundam Unit by M/s. Engineers India Limited (EIL) and M/s. National Fertilizers Limited (NFL). Recently, CCEA in its meeting held on 9.5.2013, inter-alia, approved waiver of Government of India loan and interest of Fertilizer Corporation of India Limited (FCIL) to facilitate FCIL to arrive at positive net worth. This enabled FCIL to get de-registered from the purview of Board For Industrial and Financial reconstruction ( BIFR). Government contemplates gainful utilization of the land and assets lying idle by setting up a minimum 1.15 million tonnes per annum urea plant at each of closed units of FCIL including Ramagundam besides any other permitted industrial activity.

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