Dependence on Import of Fertilizers
Government of India is aware of India’s dependence on supply of Phosphatic (P) and Potassic (K) fertilizers to the extent of 90% and 100% respectively on imports due to non-availability of indigenous raw materials within the country. India has a few reserve of rock phosphate that too in limited quantity and of poor quality which can only be utilized for production of SSP.
Self sufficiency in Urea however, can be achieved which is produced using domestic gas, imported LNG and naphtha. The Government has announced New Investment Policy (NIP)-2012 for urea sector to invite fresh investment and reduce country’s dependence on imports. In response, 14 companies (including PSUs) have evinced their interest to establish Greenfield / Brownfield urea projects in the country. But availability of sufficient domestic gas to these proposed urea projects in the country is a limiting factor.
Government is encouraging fertilizers companies to explore the possibility of establishing Joint Venture projects, acquisition of fertilizer assets abroad and entering into long term agreement with foreign entities to meet its requirement of raw materials for N,P and K fertilizers.
Indian fertilizer entities already have joint Ventures in Oman, Senegal, Morocco, Tunisia, Jordan and Nigeria.
This information was given by the Minister of State for Chemicals and Fertilisers, Shri Srikant Kumar Jena in a written reply in the Rajya Sabha today.
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NSK/DB
(Release ID :98595)
Government of India is aware of India’s dependence on supply of Phosphatic (P) and Potassic (K) fertilizers to the extent of 90% and 100% respectively on imports due to non-availability of indigenous raw materials within the country. India has a few reserve of rock phosphate that too in limited quantity and of poor quality which can only be utilized for production of SSP.
Self sufficiency in Urea however, can be achieved which is produced using domestic gas, imported LNG and naphtha. The Government has announced New Investment Policy (NIP)-2012 for urea sector to invite fresh investment and reduce country’s dependence on imports. In response, 14 companies (including PSUs) have evinced their interest to establish Greenfield / Brownfield urea projects in the country. But availability of sufficient domestic gas to these proposed urea projects in the country is a limiting factor.
Government is encouraging fertilizers companies to explore the possibility of establishing Joint Venture projects, acquisition of fertilizer assets abroad and entering into long term agreement with foreign entities to meet its requirement of raw materials for N,P and K fertilizers.
Indian fertilizer entities already have joint Ventures in Oman, Senegal, Morocco, Tunisia, Jordan and Nigeria.
This information was given by the Minister of State for Chemicals and Fertilisers, Shri Srikant Kumar Jena in a written reply in the Rajya Sabha today.
NSK/DB
(Release ID :98595)
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