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Rashtriya Chemicals and Fertilizers to invest around Rs 14,000 crore over next five years

Industry Agriculture

Rashtriya Chemicals and Fertilizers Limited is planning to invest around Rs. 14,000 crore for expansion plans over the next five years, which includes expansion of  urea capacity at Thal unit (Raigad district) at a cost of Rs 5,458 crore and fertiliser complex at Talcher (Odisha) for Rs 8,000 crore. It is also setting up a sewage treatment plant (STP) at Trombay (Mumbai). It has already received pre-PIB (Public Investment Board) clearance. The project is expected to go on stream by 2018. 

Extracted from ET, Aug 28,’15

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