REUTERS - Indian Farmers Fertiliser Cooperative (IFFCO), India's largest fertilizer producer, said it was suspending plans for a nitrogen fertilizer factory in Becancour, Quebec as its cost estimate exceeded C$2 billion ($1.72 billion).
IFFCO and its Canadian partner La Coop federee, which had earlier estimated the project to cost C$1.6 billion, said they would look for partners to help build it.
IFFCO said in late 2012 it would partner the cooperative of farmers in Quebec to build the plant. (http://reut.rs/1zrNaeW)
($1 = 1.1652 Canadian dollars)
(Reporting by Sayantani Ghosh in Bengaluru; Editing by Don Sebastian)
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