 "fertiliser")
The Union Cabinet on Tuesday approved the extension of applicability of the New Investment Policy-2012 for three upcoming units of Hindustan Urvarak & Rasayan (HURL) at Gorakhpur, Sindri and Barauni.
The cost of the three HURL urea projects is Rs 25,120 crore. GAIL is supplying natural gas to these three units.
The government had announced the New Investment Policy (NIP) - 2012 in January, 2013 and its amendment in October, 2014 to facilitate fresh investment in the urea sector and to make India self-sufficient. The policy lays down guidelines to fix gas prices and also other roadmaps for attracting investment
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