 "Toyo Engineering bags Chambal Fertilisers' $ 600 mn contract for fertiliser complex project")
The Cabinet has given its ex-post facto approval to the signing of Memorandum of Understanding (MoU) with Malaysia on development of a urea and ammonia manufacturing plant in Malaysia with off take to India and/or off take of existing surplus urea from Malaysia to India.
On April 1, 2017, Malaysia and India signed six MoUs - which included the MoU on setting up urea & ammonia manufacturing plant in Malaysia - paving the way for further economic growth and development between the two countries.
The fertiliser project is expected to cost $ 2.1 billion with capacity to produce 2.4 million tonnes per
