Sunday, 9 September 2012

ONGC Considering to set up Urea Manufacturing unit in Tripura

ONGC Considering to set up Urea Manufacturing unit in Tripura The Minister of State for Petroleum and Natural Gas Shri R.P.N. Singh has said, in a written reply in the Lok Sabha today, that the Oil and Natural Gas Corporation Limited (ONGC) is considering setting up a urea manufacturing unit in the state of Tripura for early monetization of the new gas discovery from Khubal field subject to techno-commercial viability. ONGC is in the process of identifying a reputed fertilizer domain company for strategic partnership through EoI (Expression of Interest) process.

The Minister further said that the feasibility is to be carried out based on a suitable site, in and around Khubal Gas field, to be identified in consultation with Government of Tripura. ONGC does not have any urea manufacturing unit as on date. He also said that it will take approximately 44-48 months from investment decision/zero date for project implementation.

RCJ/RKS
(Release ID :87529)

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