National Fertilizers Limited (NFL), a Government of India undertaking, has announced its decision to enter into a Joint Venture (JV) to establish a new Ammonia-Urea complex, Namrup-IV, in Namrup, Assam. This initiative aligns with the Union Cabinet’s decision dated March 19, 2025, and aims to enhance fertilizer production capacity in the region.
Key Details:
JV Formation: NFL will collaborate with other nominated companies to form a new JV entity for the project.
Investment: NFL plans to invest approximately ₹572.45 crore, securing an 18% equity stake in the JV.
Project Timeline: The mechanical completion and commissioning of the Namrup-IV plant are expected within 48 months from the project’s commencement date.
Regulatory Approvals: The project requires approvals from the Department of Fertilizers, Ministry of Chemicals and Fertilizers, Government of India.
Industry Impact: This development is significant for the fertilizer industry, aiming to boost domestic production and reduce dependency on imports.
