Bulletin Updates

Project Event: 97% of construction work has been completed. The construction has been started… – Software update: Fertilizer projects, 24 May 2022

May 24, 2022

Ammonia-Urea Brownfield Project

Cost: 6500 Cr.

Project Event: 96 % of construction work has been completed, and the equipment installation is ongoing. procurement Machinery orders are already completed, procurement of other services is ongoing, also pre-commissioning is ongoing, Commercial production is likely to be started from September in place of June 2022, due to delay in the construction. (But our in-house research team disagrees with this commissioning date set by our analyst, who elicited the company version)

Phosphoric Acid Expansion Project

Cost: 1100 Cr.

Project Event: 97% of construction work has been completed. The construction has been started in February 2020. The Company has been selected Jacob as the EPCM contractor, The commission is likely to be completed in June 2022 in place of March 2022

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