Paradeep Phosphates plans to produce 1.7 mt DAP in two years

The company has more than 900 regular employee and around 3,500 contractual employees working in its plant

Paradeep Phosphates Ltd (PPL), a leading fertilizer company with an annual turnover of Rs 55 billion has lined up Rs 100 billion expansion plan at its premises in Paradip.

Its investment plan includes expansion of DAP (Diammonium phosphate) capacity and setting up of facilities for GSSP (granulated single super phosphate), ammonia, urea fertiliser, nitric acid, ammonium nitrate, aluminium fluoride and coal handling in phases. The expansion plan will generate employment for around 2500 people.

“This (investment) will enhance our capacity of producing DAP from 1.2 million tonnes (mt) to 1.7 million tonnes within two years. We will establish another integrated plant at