Rail transport facility is available to Ramagundam Production Division
Rail transport facility is available to Ramagundam Production Division
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Hyderabad: With the opening of the railway line to the first fertilizer factory in Telangana, the Ramgundam production unit will start getting rail transport facility. It is very good for the plant. It will also lead to industrial and commercial development in Telangana. Ramagundam Fertilizers and Chemicals Limited (RFCL) has set up a gas based urea manufacturing plant at Ramagundam with a capacity of 2,200 MTPD ammonia unit and 3,850 MTPD urea plant.

RFCL National Fertilizers Limited (NFL), Engineers India Limited (EIL) and Fertilizer Corporation of India Limited (FCIL) are joint venture companies with NFL and EIL 26% equity. FCIL was given an 11% equity with CCEA approval.

The Telangana state government has a membership of 11% equity. Following the signing of the Share Subscription-Low Shareholder Agreement (SSSHA) between RFCL, its promoters and investors on 18 August 2018, 14.3% of Equity Capital was acquired by GAIL (India) Ltd and 11.7% by Equity Capital for HTAS. Before. Consortium (with HT Ramagundam A / S, IFU and Danish Agribusiness Fund, Denmark), the company is 100% financed for the project.

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