Green Nod To Deepak Fertilisers’ Rs 190 Crore Expansion Project
Workers sprays weed killer on plants at a soya bean farm in Dewas, Madhya Pradesh (Photographer: Prashanth Vishwanathan/Bloomberg)

Green Nod To Deepak Fertilisers’ Rs 190 Crore Expansion Project

Bookmark

Deepak Fertilisers and Petrochemicals Corporation Ltd. has received environment clearance for expansion of its fertiliser facilities at Raigad district in Maharashtra, which would entail an investment of Rs 190 crore, according to an official document.

The union environment ministry has issued the clearance to the company's proposal after taking into account the recommendations of a panel of experts.

The ministry, however, has given green clearance with some riders, the official document showed.

As per the proposal, the company wants to increase the fertilisers production capacity from the existing 6 lakh tonnes per annum to 11.25 lakh tonnes.

This would involve increasing production capacity of multiple grade of NPK fertiliser from 6 lakh TPA to 8 lakh TPA and continue production of 3,25,000 tonnes of ammonium nitro phosphate per annum with the existing ANP plant.

The company has informed that it does not require additional land for the proposed expansion, which is estimated to cost about Rs 190 crore.

Also read: Government Raises Subsidy For Non-Urea Fertilisers

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.