FACT (Fertilisers and Chemicals Travancore) issued a FACT Phosphoric Acid Tender for the supply of Phosphoric Acid, with a due date of September 19, 2024. Surprisingly, no bids were received for this critical tender, placing FACT in a challenging position.
The FACT Phosphoric Acid Tender was anticipated to attract significant interest due to the rising demand in the fertilizer industry. However, the absence of bids raises concerns about the availability of key raw materials essential for fertilizer production.
To address this issue, FACT will need to explore alternative solutions to meet its supply requirements.