Government revives its plan to set up a fertilizer plants in Iran

Image
Capital Market
Last Updated : Mar 11 2015 | 12:13 PM IST
The Government has revived its plan to set up a fertilizer plants in Iran. The proposal is to set up a Urea/Ammonia JV Project in Iran with capacity to produce 1.3 MT Urea for import to India. Rashtriya Chemicals & Fertilizers, Gujarat Narmada Valley Fertilizers & Chemicals Ltd., and Gujarat State Fertilizers & Chemicals, have been identified as Indian Companies in the JV.

The Indian companies have appointed SBI Capital to identify the Iranian Partners for the Joint Venture Project. The issue has been taken up with the Iranian Government to accord importance to the project at par with their domestic projects.

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 11 2015 | 10:17 AM IST

Next Story