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Matix Fertilizers' Rs 7,000-cr urea plant in West Bengal goes on stream

The company has also set up a captive power plant with a capacity of 54 megawatts

Press Trust of India  |  New Delhi 

Fertilizers, Farmers

and Chemicals' Rs 7,000-crore urea plant in Panagarh in has started production, a top official of the company said today.

This is the first coal bed methane (CBM) urea plant in the country and will be key to security of northeastern states, and Chemicals Managing Director P R Dhariwal told PTI.


"Total capacity of the plant is 1.3 million tonnes and at present, it is producing only 40 per cent of the same. But we are confident, by the end of this year, it will touch the 100 per cent level," Dhariwal claimed.

The plant, according to the MD, is strategically located, close to the feedstock source, and in the midst of the consumption centre.

The CBM, he said, will be sourced from Essar Oil's Raniganj block and for this, a dedicated pipeline for 30 km has already been set up.

The company has also set up a captive power plant with a capacity of 54 megawatts.

It plans to tap the market of and neighbouring Bihar, Jharkhand and Odisha. The company is promoted by the Kanodias of the Datamatics Group.

First Published: Mon, October 02 2017. 14:32 IST
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