HURL is Joint Venture Company promoted by the three Maha Ratna Companies – Coal India Limited, NTPC Limited and Indian Oil Corporation Limited.
Chemicals and Fertilizers Minister D.V. Sadananda Gowda has recently launched the APNA UREA – Sona Ugle brand of Hindustan Urvarak and Rasayan Limited (HURL) at a function in New Delhi.
While talking about HURL, Gowda said, with the objective of making the country self-reliant in Urea, Prime Minister had directed for the revival of five major sick or shutdown fertilizer plants.
He said, in 2016, Government had approved the revival of three sick Urea plants located at Gorakhpur, Sindri and Barauni, which have been undertaken by HURL. Gowda said the other two plants at Ramagundam and Talcher will also commence production soon. He said the country is importing 70 to 80 Lakh metric tonne of fertilizer every year.
The Minister said, after the commissioning of these five units, the total production of Urea will increase by over 63 Lakh Metric tonnes per annum. He said the revival of five Urea plants will reduce dependence on imports.
HURL is a joint venture company promoted by the three Maharatna companies; Coal India (CIL), National Thermal Power Corporation (NTPC) and Indian Oil Corporation Limited (IOCL) as the lead promoters with Fertilizer Corporation of India (FCIL) and Hindustan Fertilizer Corporation (HFCL) as other two partners.
With the objective of making the country self-reliant in urea, the Government had approved in 2016 the revival of three sick urea plants located at Gorakhpur, Sindri and Barauni. The task of the revival of these three units has been undertaken by HURL. “The Prime Minister has directed for the revival of five major sick fertilizer plants, three of which have been undertaken by HURL. The other two plants at Ramagundam and Talcher will also commence production soon,” said Gowda. “We are importing 70-80 LMT fertilizer every year. After the commissioning of these five units, the total production of urea will increase by 63.5 Lakh Metric Tonnes Per Annum (LMTPA),” he added.
About HURL
The HURL is being looked as a major emerging player in urea market due to revival of the three closed units in 2021 having total installed production capacity of 38.1 LMT of neem coated urea per annum. The company will establish and operate state-of-the-art environment friendly and energy efficient natural gas based new fertilizer complexes with the annual installed capacity of 1.27 MMTPA urea at each of the three locations which are expected to be commissioned in February 2021 (Gorakhpur, UP) and May 2021 (Barauni and Sindri). The feedstock to the plants i.e. natural gas will be supplied by GAIL under the pooled price mechanism.
The commissioning of the HURL’s three units in the states of Uttar Pradesh, Bihar and Jharkhand will open forward and backward linkages for business activity in the eastern part of India. It will be instrumental in opening new avenues for generation of income and employment in the eastern part of our country.