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Chambal Fertilisers signs pact for gas supply

Press Trust of India  |  New Delhi 

and Chemicals has entered into a long-term gas purchase agreement with GAIL for supply of 24,955 billion British thermal units annually.

In a filing, the company said that the supply of gas under the agreement will commence from April 2018 and continue for nine contract years.

The gas is being purchased mainly for new urea plant being set up at the existing site in Gadepan, Kota district in Rajasthan. However, the gas can also be used at the existing plants of the company located at same place, it said.

The annual contracted quantity would be 24,955 billion British thermal units on gross calorific value basis.

of the company closed up by 0.35 per cent at Rs 127.40 apiece on today.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, June 14 2017. 20:42 IST