Friday, Apr 26 2024 | Time 14:16 Hrs(IST)
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India


Cabinet approves equity infusion of RCF in Talcher Fertilizers Ltd

New Delhi, Sep 19 (UNI) The Cabinet Committee on Economic Affairs on Wednesday approved the Department of Fertilisers’s proposal for equity investment of Rs 1033.54 crore for setting up a coal gasification based fertiliser project in Talcher Fertilizer Ltd by Rashtriya Chemicals and Fertilizers Limited, Union Minister Ravi Shankar Prasad said here.
The Cabinet meeting was chaired by the Prime Minister Narendra Modi.
The Government’s proposed equity would be 29.67 per cent of the total project cost.
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