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Government invites bids for Gorakhpur urea plant revival

Industry Agriculture

The Union government through Fertilizer Corporation of India Ltd (FCIL) has invited bids to revive its closed fertilizer plant at Gorakhpur in Uttar Pradesh which will require an investment of Rs 6,000 crore. The selected investor will have to setup, design, finance, construct, establish, operate and maintain a gas based 1.27 million tonnes urea plant for a term of 33 years. The project has to be completed within three years.

Extracted from ET, Aug 28,’15

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