"Such huge investment is rare in eastern India. Our aim is to bring a transformation, perhaps a 2nd green revolution."
Work will start on two natural gas pipelines (Jagdishpur-Haldia & Bokaro-Dhamra) and an LNG terminal at Dhamra. Fertilizer plants will be enhanced by 2MT and four plants of 7.5 MT capacity will be revived by 2020-21. PSUs will fund the revival plan. IOL and NTPC are involved in building 3 gas-based projects at cost of Rs 20,000 crore at i) Gorakhpur in Uttar Pradesh; ii) Sindri in Jharkhand; iii) Barauni in Bihar. GAIL and CIL will fund coal gasification-based project at iv)Talcher in Odisha at cost of Rs 8,000 crore.
India to invest Rs 50,000 crore to revive four mothballed fertilizer plants
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