PM Narendra Modi Revives Of Rs. 13,000 Crore Talcher Fertiliser Plant

PM Narendra Modi Revives Of Rs. 13,000 Crore Talcher Fertiliser Plant

PM Narendra Modi Revives Of Rs. 13,000 Crore Talcher Fertiliser Plant 

New Delhi: On Saturday, PM Modi said that the Rs. 13,000 crore-project to revive the Talcher fertiliser plant will for the first time see coal being converted into gas for use as feedstock and for producing neem-coated urea.

He said that the project, which will start production in 36 months, will help cut import of natural gas and fertilisers and make India self-reliant.

He said, "Our aim is to take India to new heights of growth," at a function organised to mark commencement of the project.

PM Modi said that the Projects like the fertiliser plant in Talcher are central to India's growth story. "This plant will use latest technology as well."

The PM said that the plant will help fulfil the dreams that should have been fulfilled long ago. 1.27 million tonne of neem-coated urea - a crop nutrient, will be produced by the project and it would also use coal-gasification technology to produce feedstock for the plant.

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He said, "Coal-gasification is being used for the first time in India to covert this 'black diamond' coal into gas. This would help reduce import of natural gas fertiliser," adding that the project would also generate employment for about 4,500 people.

The project is being executed by a consortium of PSUs, which PM Modi said, is a shining example of how the country's "crown jewels" can work together.

"I am told production will start in 36 months. I promise to be here in 36 months at the start of production," he said.

In 2002, the then BJP-led NDA government shut down, Talcher fertiliser project of the Fertilizer Corporation of India was shut due to frequent power restrictions, obsolete and mismatch of technology made the plant economically unviable.

In August 2011, the government decided to revive the plant.  Talcher Fertilisers Ltd, a new company was constituted in partnership with four state-run companies namely GAIL, Coal India, Rashtriya Chemicals and Fertilisers and FCIL.

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