US firm to start urea plant in Chandrapur district – Feedback

A US-based firm is likely to set up a Rs 6,000-crore urea plant in Bhadrawati near here as talks are in final stage in this regard, Union Minister Nitin Gadkari said here today.

“Negotiations with the concerned company have reached final stages and a number of meeting have been held with Chief Minister Devendra Fadnavis and Union Minister of State for Home Hansraj Ahir who represents the area (Chandrapur district),” the Transport Minister told reporters. Maharashtra Government has already alloted a piece of land to the firm, he said, adding that Western Coalfields Limited (WCL) has agreed for coal linkage to the proposed plant. “A final meeting with WCL and all concerned Ministers and officials is scheduled later this month and it (the deal) will be finalised within a month,” Gadkari said, adding that urea derived from coal is cheaper by Rs 10,000 per tonne.

http://economictimes.indiatimes.com/industry/indl-goods/svs/chem-/-fertilisers/us-firm-to-start-urea-plant-in-chandrapur-district-nitin-gadkari/articleshow/54881146.cms

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