CIL, GAIL and Rashtriya Chemicals and Fertilizers (RCF) are to jointly set up
a plant for producing urea and ammonium nitrate at Talcher in Orissa.
CIL has earmarked about 5.5 million tonne of raw coal for the scheme; once
washed, this is likely to come down to approximately 3.7 million tonne, with
less than 30 per cent ash content. Subsequently, GAIL is to gassify the fuel to
produce urea and ammonium nitrate.
As per sources, each company is likely to own 33 per cent stake in the
proposed JV.