State-owned National Fertilizers Limited (NFL) will help boost India’s fertilizer production. In a regulatory filing on Wednesday, NFL announced that its board approved joining a joint venture proposed by the Department of Fertilizers. The company will hold an 18% equity stake in the new ammonia-urea complex, Namrup IV Fertilizer Plant, in Assam. The Union Budget…
Governor of the Northern Borders Region, Prince Faisal bin Khalid bin Sultan bin Abdulaziz, has inaugurated several development and investment projects in Wa’ad Al Shamal Mining City, with total investments amounting to SAR29 billion. The ceremony was attended by Minister of Industry and Mineral Resources Bandar Alkhorayef, Vice Minister for Mining Affairs Eng. Khalid Al-Mudaifer,…
Yara India continues to excel in operational efficiency, particularly in energy use. In FY2024, the company achieved an average energy consumption of 5.12 Gcal/MT, well below the industry benchmark of 5.417 Gcal/MT. This improvement resulted in significant energy savings, strengthening its position in the Indian fertilizer market. In YTDFY2025, the company made even greater strides,…
The Indian government currently has no proposal to include nano fertilizers under the Production Linked Incentive (PLI) scheme, Minister of State for Chemicals and Fertilizers Anupriya Patel informed the Lok Sabha this week. What is the PLI Scheme? As part of the ‘Atmanirbhar Bharat’ and ‘Make in India’ initiatives, the government launched the PLI scheme…
The Indian government has allocated Rs 3.71 lakh crore for food and fertiliser subsidies in the 2025-26 financial year. This marks a 0.70% increase compared to the current fiscal year’s estimated spending. Food Subsidy: A Slight Rise For food subsidies, the government has set aside Rs 2.03 lakh crore for 2025-26. This is slightly higher…
In a major step toward agricultural self-sufficiency, Paradeep Phosphates Ltd. (PPL) and the Government of Odisha signed a Memorandum of Understanding (MoU) to enhance fertilizer production in the state. The signing ceremony, held in Bhubaneswar, was attended by key officials, including Mr. Hemant Sharma, IAS, Additional Chief Secretary, Department of Industries, and Mr. Suresh Krishnan,…
The Fertilizer Stocks saw a strong rally during the special trading session on Budget 2025 day. This came after Union Finance Minister Nirmala Sitharaman announced plans to set up a new urea plant in Assam. The move, part of the Union Budget 2025-2026, boosted investor confidence, leading to a sharp rise in the stock prices…
