FCIL, HFCL sick units valued at Rs 5,582 cr
The valuation has been done by Project and Development India Ltd (PDIL), a central public sector enterprise, Minister of State for Chemicals and Fertilisers Srikant Jena said in a written reply to the Lok Sabha said.
"...The valuation has been certified by the government registered valuer," he said.
As per the data, the total value of Fertiliser Corporation of India Ltd (FCIL) Sindri is estimated at Rs 1,796.09 crore, FCIL Ramagundam (Rs 411.36 crore), FCIL Talcher (Rs 273.73 crore), FCIL Gorakhpur (1,101.91 crore) and FCIL Korba (Rs 497.37 crore).
The three closed units of Hindustan Fertiliser Corporation Ltd (HFCL) at Barauni, Durgapur and Haldia have been valued at Rs 247.39 crore, Rs 706.27 crore and Rs 548.07 crore, respectively, according to figures tabled in the House.
The government had last year approved revival of eight closed units of FCIL and HFCIL subject to the condition that Board of Industrial and Financial Restructuring proceedings be expedited and changes, if any, be placed before the Empowered Committee of Secretaries for a final decision.
Jena also said the estimated value of Namrup I plat of Brahmaputra Valley Fertiliser Corporation Ltd (BVFCL), which is lying closed, is estimated at Rs 20.75 crore.
There is a proposal to set up a brown field ammonia urea plant (Namrup IV) in this vacant land, he said
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