CCEA nod for Rs 1,000 crore infusion in Talcher Fertiliser Ltd
Updated : September 20, 2018 11:18 AM IST
Accordingly, the CCEA sanctioned an equity investment of Rs 1,033.54 crore "at the rate of 29.67 percent of the total project cost" for setting up a coal gasification-based fertiliser project in Talcher Fertilizer Ltd (TFL).
The project will be undertaken by the state-run Rashtriya Chemicals & Fertilizers Ltd (RCF).
TFL is a joint venture company of gas utility GAIL, RCF, Coal India and FCIL which are all state-run entities.