Bulletin Updates

Project Event: Project progress stands at 65.83%, with OSBL packages (excluding Coal… – Software update: Fertilizer update, 16 Jan 2025

Jan 16, 2025

Ammonia-Urea Brownfield Project

Cost: Rs. 16372Cr.

Project Event: Project progress stands at 65.83%, with OSBL packages (excluding Coal Gasification & Ammonia-Urea) at 76.07%. Decided to invite WECL top management for urgent discussions on site progress and seek legal advice from the Solicitor General of India (SGI) regarding contract re-negotiation or arbitration.WECL reiterated its demand for additional cost compensation, modified payment terms, and release of withheld MAD amount. TFL firmly requested an unconditional completion outlook, with WECL committing to revert within a week.TFL approached SGI on 28.12.2024 for a legal opinion, which is awaited to decide the next course of action.

Nano Urea/DAP Greenfield Project

Cost: Rs. 500Cr.

Project Event:The project is still in the initial phase. The feasibility consultant is likely to be released in March 2025, and the RFQ for the Environmental clearance is likely to be released in Q2 2025.

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