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Financial restructuring of Hindustan Fertilizer Corporation Limited for faster revival of Barauni Unit

News and Press Release - Dated:- 25-5-2016 - The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has given its approval for financial restructuring of Hindustan Fertilizers Corporation Limited (HFCL). The Cabinet, amongst other things .....

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e land of Barauni unit to Bihar State Power Generation Company Limited (BSPGCL) to settle dues of HFCL for faster revival of Barauni Unit. This Cabinet approval will facilitate de-registration of HFCL from BIFR by making its net worth positive. It wi .....

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is no functional urea unit in the Eastern part of the country except two small units at Namrup (Assam). The annual consumption of urea in the country is approx. 320 LMT, out of which 245 LMT is produced indigenously and rest is imported. The setting .....

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