|
Private Sector | Orissa - India | PID: 191747
|
|
The commercial production of urea from Talcher Fertiliser’s plant located at Angul in Odisha is expected to commence in September 2023. The plant is currently being revived.
The plant formerly owned by Fertilizer Corporation of India (FCIL) has halted production since March 1999. Presently, Talcher Fertilizers (TFL), a joint venture (JV) forged by GAIL (India), Coal India (CIL), Rashtriya Chemicals & Fertilizers (RCF) and FCIL is reviving operations of the unit.
TFL's promoters have committed an investment of Rs 8,000 crore on various awarded contracts. The shareholding of FCIL has been gradually reduced to 4.5 percent from 11 percent. Rest of the equity will be proportionately shared between the JV partners. The letter of intent (LoI) has been awarded to Wuhuan, a China-based firm in September 2019 for coal gasification and ammonia/urea package. Wuhuan has prepared the basic design of coal gasification package.
Detailed engineering is underway for the project. Site mobilization is expected before the end of FY20. The coal gasification based ammonia urea complex being set up at Talcher, will have a design capacity of 2,200 tpd of ammonia and 3,850 tpd of urea. In addition, the plant will produce 100 tpd of sulphur flakes as a saleable by-product.
The plant will produce 2.38 million tonne of cu mtr per day of natural gas equivalent synthesis gas from coal. TFL has been allocated 50 percent of the North Arkhapal Srirampur coal mine. The total coal consumption for the plant is pegged at 2.5 million tpa.
Petcoke will be sourced from Indian Oil Corporation's (IOC) grassroots crude oil refinery at Paradeep. The overall investment on the project is envisaged at Rs 13,277 crore with debt equity ratio of 72:28. During construction phase, the project will generate employment for up to 10,000 people.
Apart from this, 4,000 people will get direct and indirect employment opportunities once the plant begins commercial operations. The coal gasification project at Talcher has accomplished some key milestones. It has obtained environment clearance in February 2018 and approval of the Cabinet Committee on Economic Affairs (CCEA) for equity contribution by RCF in September 2018.
A memorandum of understanding (MoU) has been signed with IOC for sourcing petcoke in August 2017. Lately, the project has got the consent to establish on 2 December 2019. As of now, pre-project activities are ongoing at the site.
| Updated on: 21 - Jan - 2020
|
|
|
|