Assam Govt To Acquire 40 Per Cent Equity Of Brahmaputra Valley Fertiliser Corporation At ₹ 1272 Cr

11:28 AM Dec 20, 2024 | G Plus News

 

GUWAHATI: The Assam Cabinet has approved a major revitalisation initiative for the Brahmaputra Valley Fertiliser Corporation Ltd (BVFCL), a Central PSU engaged in gas-based urea production at Namrup, Dibrugarh, on Thursday, December 19.

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The Cabinet has approved an equity investment of 40 per cent, amounting to ₹1272 crore, in a joint venture to establish the Namrup-IV unit. 

The Namrup-IV project is expected to provide a fresh start to the fertiliser plant and enhance production efficiency.