Joint Venture11 Nov 2025, 06:02 pm
National Fertilizers Ltd Invests ¥ 572.45 Crore in Assam Valley Fertilizer And Chemical Company Limited
AI Summary
National Fertilizers Ltd (NFL) has agreed to invest ¥ 572.45 crore in Assam Valley Fertilizer And Chemical Company Limited (AVFCCL) for setting up a new Ammonia-Urea Complex Namrup-IV Fertilizer Plant at Namrup, Assam. The Joint Venture Company, AVFCCL, is a 40:18:18:13:11 venture among GoA, NFL, OIL, HURL and BVFCL. The total investment is in the form of cash, with NFL acquiring 18% of the equity shares in AVFCCL. The tentative overall time schedule for mechanical completion and commissioning of the Namrup-IV Project is 48 months from zero date.
Key Highlights
- NFL to invest ¥ 572.45 crore in AVFCCL
- Investment for setting up a new Ammonia-Urea Complex Namrup-IV Fertilizer Plant at Namrup, Assam
- AVFCCL is a 40:18:18:13:11 JVC among GoA, NFL, OIL, HURL and BVFCL
- NFL to acquire 18% of the equity shares in AVFCCL
- Tentative overall time schedule for mechanical completion and commissioning is 48 months from zero date