CCI okays Asia II Topcoto to acquire certain warrants of Federal Bank (See 'Corp Brief') CCI permits Tata Steel to take control of Tata BlueScope Steel (See 'Corp Brief') A&C - Developer's failure to establish escrow account and its prolonged delay in project completion demonstrated financial indiscipline: HC (See 'Legal Desk') Citizen Service & Revenue sustainability must go Hand in Hand: MoS (See 'Corp Brief') A&C - DMRC is not in violation of obligations under Concession Agreement, if DMRC had co-operated with PDL and sub-licensee and non-completion of project was because of failure of PDL: HC (See 'Legal Desk') SAIL recognised with 8 Prestigious PRSI National Awards for Communication Excellence (See 'Corp Brief') LoI signed to establish Centre of Excellence for CRISPR Innovation and Translation (See 'Corp Brief') Sonowal calls for integration of Modern Education and Spiritual Values (See 'Corp Brief') PMLA - Provisional attachments under Section 5 of PMLA can be initiated without chargesheet under Section 173 of CrPC, based on sufficient material: HC (See 'Legal Desk') Chouhan meets Rozgar Sahayaks (See 'Corp Brief') DRDO & RRU ink MoU to foster collaboration in research, education & training (See 'Corp Brief') IPR - By mapping claims of suit patent against each element of defendants' product, plaintiffs have established strong prima facie case demonstrating infringement of suit patent: HC (See 'Legal Desk') EVs driving India's Next Growth Story: MoS (See 'Corp Brief') Meditation is scientific tool for stress management and neuroplasticity: Experts (See 'Corp Brief') Misc - Directors of company under winding up are statutorily bound under Section 454 of Companies Act, to make full and accurate disclosure of assets: HC (See 'Legal Desk') Mandaviya leads 1st Anniversary Celebrations of Fit India Sundays on Cycle in Puducherry (See 'Corp Brief') MoHUA launches 10th Swachh Survekshan (See 'Corp Brief') Misc - Once CIRP is initiated, all claims against corporate debtor must be routed through insolvency process: HC (See 'Legal Desk') Centre releases grants of Rs 94 Crores for PRIs in Uttarakhand (See 'Corp Brief') New Logo for RRBs signifying single and unified brand identity unveiled (See 'Corp Brief') PMVBRY aims to incentivise creation of over 3.5 crore jobs over 2 years (See 'Corp Brief') IPR - Pharmaceutical guidelines illustrate that if combination of two prior art documents fails to provide result as claimed in invention in question, then teaching of prior art documents is considered to be teaching away: HC (See 'Legal Desk') Ministry of Parliamentary Affairs transforming functioning into paperless ecosystem (See 'Corp Brief') Scindia chairs review meeting on Matabari Tourism Circuit Development in Tripura (See 'Corp Brief') IPR - If Novartis had consciously waived its right to cross-examination by electing to file rebuttal evidence, there are no valid grounds to challenge Controller's order: HC (See 'Legal Desk') WHO Global Summit on Traditional Medicine Commences in New Delhi (See 'Corp Brief') MoS delivers national statement at UN on outcomes of World Summit on the Information Society (See 'Corp Brief') PM MITRA Parks anchored in 5F vision generating huge investment interest (See 'Corp Brief') IPR - While assessing 'prior art', mere similarity is insufficient and visual distinction matters, and for prior art to invalidate design, it must be clearly established and comparable in relevant features: HC (See 'Legal Desk')

Print

Gowda launches 'APNA UREA - Sona Ugle' brand of HURL

Published: Jan 18, 2020

By TIOLCORPLAWS News Service

NEW DELHI, JAN 18, 2020: THE Union Minister for Chemicals and Fertilizers, Mr D.V. Sadananda Gowda, launched the "APNA UREA - SonaUgle" brand of Hindustan Urvarak & Rasayan Limited (HURL) at a function here yesterday. On the occasion, he also unveiled the Company's logo.

HURL is Joint Venture Company promoted by the three Maharatna Companies i.e. Coal India Limited (CIL), NTPC Limited (NTPC) and Indian Oil Corporation Limited (IOCL) as the lead promoters with FCIL and HFCL as other two partners.

With the objective of making the country self-reliant in Urea, the Government approved in 2016 the revival of three sick Urea plants located at Gorakhpur, Sindri and Barauni. The task of the revival of these three Units has been undertaken by HURL. "The Prime Minister has directed for the revival of five major sick/shutdown fertilizer plants, three of which have been undertaken by HURL. The other two plants at Ramagundam and Talcher will also commence production soon," said Mr Gowda. "We are importing 70-80 LMT fertilizer every year. After the commissioning of these five units, the total production of Urea will increase by 63.5 Lakh Metric Tonne Per Annum (LMTPA)," he added.

Lauding HURL for setting in place the delivery system and supply chain ahead of schedule, the Minister encouraged the Company's Board to continue the momentum and hoped the commissioning of the three plants will also be advanced.

Speaking on the occasion, the Secretary, Department of Fertilizers, Mr Chhabilendra Roul stressed on the balanced use of fertilizers including organic ingredients and micro-nutrients.

The HURL is being looked as a major emerging player in Urea market due to revival of the three closed units in 2021 having total installed production capacity of 38.1 LMT of Neem Coated Urea per annum. The Company will establish and operate state-of-the-art environment friendly and energy efficient Natural Gas based new Fertilizer Complexes with the annual installed capacity of 1.27 MMTPA neem coated Urea at each of the three locations which are expected to be commissioned in February 2021 (Gorakhpur, UP) and May 2021 (Barauni and Sindri). The feedstock to the plants i.e. Natural Gas will be supplied by GAIL under the Pooled Price Mechanism.

The commissioning of the HURL's three Units in the states of UP, Bihar and Jharkhand will open forward and backward linkages for business activity in the Eastern part of India. It will be instrumental in opening new avenues for generation of income and employment in the Eastern part of our country.

The other two Urea Units being revived are Ramagundam unit by M/s. Ramagundam Fertilizers & Chemicals Limited (RFCL), a Joint Venture of National Fertilizers Limited (NFL), EIL & FCIL, and Talcher unit by M/s. Talcher Fertilizers Limited (TFL), a Joint Venture of Rashtriya Chemicals & Fertilizers Limited (RCF), CIL, GAIL & FCIL.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.