 "National Fertilizers to set up dinitrogen tetroxide plant for ISRO")
National Fertilizers Ltd (NFL) will set up a production plant for dinitrogen tetroxide (N2O4) at its Vijaipur (Guna, Madhya Pradesh) site for ISRO (Indian Space Research Organisation) with an investment of Rs 350 crores. The company has received a letter of intent (LoI) from Satish Dhawan Space Centre, Sriharikota (SDSC-SHAR) for establishing the plant on build, own, operate & supply model. ISRO had invited tenders for establishing the dinitrogen tetroxide plant in August 2016.
Nitrogen tetroxide is used as oxidiser in specific stages of rocket launch vehicles launched by ISRO and also used for ground testing of specific engines and stages of launch vehicles.
Debt-ridden public sector undertaking (PSU) Hindustan Organic Chemicals Limited (HOCL) is the sole producer of N2O4 for ISRO. With N2O4 production continuing intermittently at HOCL, experts believe ISRO has been looking at setting up a new plant for assured supply of this key chemical.
As per the LoI, National Fertilizers’ N2O4 plant will have capacity of around 1095 MT per annum (or 3 tonnes per day). The company plans to start construction work for the project in July 2017, with commissioning expected in the next 18 months. NFL will supply the product exclusively to SDSC-SHAR under long term agreement for 25 years period.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*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
SAVE 25%