New urea policy to help remove bottleneck in fert units: RCF head

Sanjay Jog
Posted: Tuesday, Aug 19, 2008 at 0039 hrs IST
Updated: Tuesday, Aug 19, 2008 at 0039 hrs IST

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Mumbai, Aug 18: infrastructure of land, township and railway siding at best may be of use.

For reviving seven such units about Rs 30,000 crore will be required and even on 2:1 debt equity ratio, the requity requirement will be Rs 10,000 crore. It will be impossible for the profit making RCF, National Fertiliser Ltd (NFL) and Krishak Bharati Cooperative Limited (Kribhco) to mobilise so much of equity.

Thus the government should provide grant or soft loan,” Jha argued. He added that it would be a good investment for government also because there will be substantial saving on subsidy.

In case the finance ministry does not provide such support, then other models can be thought of like public private partnership. ...

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New urea policy to help remove bottleneck in fert units: RCF head

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