National Fertilizers (NFL) will be part of a proposed joint venture to establish a new ammonia-urea plant in Namrup, Assam.
NFL stated that its board has agreed to the Department of Fertilizers' proposal to hold an 18 percent equity stake in the venture.
The plant, named Namrup IV Fertilizer Plant, will have an annual production capacity of 12.7 lakh tonne, as announced in the government’s Budget.