During his recent interaction with Chemical and Fertilizers Minister Ananth Kumar, MFL Chairman and Managing Director I Vijayakumar requested the ministry for grant of permission to produce urea with naphtha as feed stock beyond June 30, a company release said.
Vijayakumar also requested the Minister for continuation of urea subsidy, an MFL release said.
Under the New Pricing Scheme III (NPS-III), Department of Fertilisers had issued a directive on April 2 mandating all Naphtha-based urea producing fertiliser plants to switch over to gas, failing which they would not be eligible for subsidy after June 30.
MFL is engaged in the manufacture of ammonia, urea, complex fertilisers and bio-fertilisers at its facilities in Manali, near here, the release said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
