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Engineers India forms JV with NFL and FCIL

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Capital Market

JV to be named as 'Ramagundam Fertilizers and Chemicals'

Engineers India announced that Engineers India (EIL), National Fertilizers (NFL) and Fertilizer Corporation of India (FCIL) have signed the Agreement on 14 January 2015 to form a Joint Venture Company (JVC) for setting up new Ammonia and Urea plants of 2200 MT per day and 3850 MT per day capacity respectively at the existing site of Ramagundam Fertilizer Plant in Disst. Karim Nagar in Telangana. The new Company will be registered as "Ramagundam Fertilizers and Chemicals.

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First Published: Jan 14 2015 | 7:21 PM IST

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