Deals22 Jan 2025, 05:20 pm
Chambal Fertilisers Amends Contract for Technical Ammonium Nitrate Plant
AI Summary
Chambal Fertilisers and Chemicals Ltd. has amended its contract with Larsen & Toubro Limited for the setting up of a Technical Ammonium Nitrate (TAN) plant at its existing site in Gadepan, District Kota, Rajasthan. The amendment, made on January 21, 2025, includes changes to the plant configuration, space provision for Low Density Ammonium Nitrate (LDAN) equipment, a revised Contract price of Rs. 992.71 Crore (excluding tax), and an extended completion timeline of 19 January, 2026. The overall cost of the project remains the same at Rs. 1645 Crore.
Key Highlights
- Chambal Fertilisers amends contract with Larsen & Toubro for TAN plant
- Changes include plant configuration for additional feed of warm ammonia in WNA and TAN plants
- Space provision made in HDAN plot plan for future production of LDAN
- Revision in Contract price from Rs. 960.71 Crore to Rs. 992.71 Crore (excluding tax)
- Completion timeline for the Project extended to 19 January, 2026