Union Budget 2025: New urea plant to come up in Assam

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Finance Minister Nirmala Sitharaman connected Saturday announced the mounting up of a caller urea works with an yearly accumulation capableness of 12.7 lakh tonnes (lt) astatine Namrup successful Assam.

If this connection successful the latest Union Budget fructifies into investment, it would beryllium the eighth caller urea works to travel up successful India since 2019.

Six of these — with akin 12.7 lt capableness astatine Gapepan (Rajasthan), Ramagundam (Telangana), Panagarh (West Bengal), Gorakhpur (Uttar Pradesh), Barauni (Bihar) and Sindri (Jharkhand) — were commissioned betwixt January 2019 and November 2022. The seventh 12.7 lt unit, astatine Talcher (Odisha), is astir 65% completed. The full concern successful the 7 plants works retired to implicit Rs 61,500 crore.

All the caller plants, including the 1 proposed, are located successful the “new Green Revolution” states of eastbound India, Telangana and Rajasthan. Barring Talcher (which uses ember arsenic feedstock), they each tally connected earthy gas, mostly imported.

With 7 terminals for handling imported liquified earthy state — astatine Mundra, Dahej and Hazira (Gujarat), Kochi (Kerala), Ennore (Tamil Nadu) and Dhamra (Odisha) — and pipelines crisscrossing the country, it has go progressively viable to import and transport gas, alternatively of urea, to the hinterland. Import of finished urea would marque greater consciousness for feeding the occidental and confederate markets person to the ports, said officials.

The authorities has targeted near-atmanirbhartha (self-reliance) successful urea, which is India’s astir wide consumed fertiliser. Between 2011-12 and 2023-24 (April-March), India’s home urea accumulation roseate from 22 cardinal to 31.4 cardinal tonnes (mt), adjacent with imports falling from 7.8 mt to 7 mt and aft peaking astatine implicit 9.8 mt successful 2020-21. The existent fiscal (April-December) has recorded a further 28.9% driblet successful imports to 4.3 mt from 6.1 mt successful the aforesaid play of 2023-24.

Harish Damodaran is National Rural Affairs & Agriculture Editor of The Indian Express. A writer with implicit 33 years of acquisition successful agri-business and macroeconomic argumentation reporting and analysis, he has antecedently worked with the Press Trust of India (1991-94) and The Hindu Business Line (1994-2014). ... Read More

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