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Monday / December 9. 2024
HomeInputsAgro chems – FertilizersPM inaugurates Hindustan Urvarak & Rasayan Ltd fertilizer plant in Barauni

PM inaugurates Hindustan Urvarak & Rasayan Ltd fertilizer plant in Barauni

Barauni unit with an estimated investment of Rs. 9512 crores will have the urea production capacity of 12.7 LMTPA.

Prime Minister Narendra Modi inaugurated and dedicated to the nation the Hindustan Urvarak & Rasayan Ltd (HURL) fertilizer plant in Barauni. “This is a huge achievement for the farmers of the country including those from Bihar. The plants of Gorakhpur, Ramagundam and Sindri were shut down but now they are becoming the mainstay of India’s self-reliance in urea”, PM said.

Prime Minister underlining the government’s priority areas to boost employment and employment opportunities said, “Energy, fertilizers and connectivity are the basis of development. Be it agriculture or industry, everything depends on them”.

Hindustan Urvarak & Rasayan Ltd (HURL) fertilizer plant in Barauni developed at more than Rs 9500 crore, the plant will provide affordable urea to farmers and lead to an increase in their productivity and financial stability. This will be the fourth fertilizer plant to be revived in the country.

Barauni Fertilizer Plant of Hindustan Urvarak & Rasayan Limited (HURL) started urea production in Oct 2022. The state-of-the-art gas based Barauni Plant is part of the initiative taken by the Government to revive the closed urea units of Fertilizer Corporation of India Ltd. (FCIL) and Hindustan Fertilizers Corporation Ltd (HFCL) in order to achieve self-sufficiency in urea sector. Revival of closed units of FCIL and HFCL had been the top priority agenda of the present Government to augment the availability of domestically produced urea. Government mandated Hindustan Urvarak & Rasayan Limited (HURL) to revive Barauni unit with an estimated investment of Rs. 9512 crores with urea production capacity of 12.7 LMTPA.

HURL, incorporated on 15th June, 2016 is a Joint Venture Company by Coal India Limited (CIL), NTPC Limited (NTPC), Indian Oil Corporation Limited (IOCL) and FCIL/HFCL mandated to revive Gorakhpur, Sindri and Barauni units with an estimated investment of Rs. 25,000 crores. The start of all the three plants of HURL will add 38.1 LMTPA indigenous urea production in the country.The Project will not only improve the availability of fertilizer to farmers but also give a boost to the economy in the region including development of infrastructure like roads, railways, ancillary industry etc. besides ensuring food security to the nation.

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