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In Principle Approval For Equity Participation In Joint Venture For Revival Of Sindri Unit Of Fertilizer Corporation Of India

Industry Agriculture

National Fertilizers Ltd has informed that Government of India has decided to revive Sindri Unit of Fertilizer Corporation of India (FCIL) by investing the proceeds of sale of part of its land to Jharia Rehabilitation Development Authority (JHReDA), Jharkhand by forming Joint Venture with other PSUs having relevant experience.

Extracted from HBL, Feb 19,’16

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