
New Launch23 Dec 2025, 05:51 pm
GNFC Awards Contract to Toyo Engineering for Ammonium Nitrate-II Plant Supply
AI Summary
Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) has awarded a contract to Toyo Engineering India Private Limited (Toyo) for the supply of an Ammonium Nitrate-II plant on LEPC basis. The contract is worth approximately Rs. 360 Crores and has a time period of 20 months. The plant will enhance GNFC's capacity by ~94% and support the Make in India campaign with a commitment to environment conservation. This decision follows the board's approval in November 2025 for the installation of an Ammonium Nitrate-II plant of 480 MTPD capacity, i.e. 1,683,200 MTPA. Toyo has a tie-up with INCRO, S. A., Spain for the supply of process knowhow and license for the Ammonium Nitrate-II plant.
Key Highlights
- GNFC awards contract to Toyo Engineering India Private Limited for Ammonium Nitrate-II plant supply
- The contract is worth approximately Rs. 360 Crores
- The plant will enhance GNFC's capacity by ~94%
- The project supports the Make in India campaign
- Toyo has a tie-up with INCRO, S. A., Spain for the supply of process knowhow and license