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. This new plant will enhance GNFC's capacity by ~94% and support the Make in India campaign with a commitment to environment conservation.
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 time period for the contract is 20 months
- The new plant will enhance GNFC's capacity by ~94%
- The new plant will support the Make in India campaign with a commitment to environment conservation