Khelo India Multipurpose Hall at SAI Sambhajinagar is addition to Olympic readiness: MoS (See 'Corp Brief') PM addresses community programme in Kuala Lumpur (See 'Corp Brief') A & C - mandate of arbitrators appointed unilaterally by one party, merits being terminated, where the other party explicitly refuses to waive applicability of Section 12(5) of the Act: HC (See 'Legal Desk') India-US Trade Agreement: Major boost for Textile Industry (See 'Corp Brief') IBC - In unavailability of adequate document/information and considering effect of limitation period, assigning of 'zero' value to trade receivables, without any due justification, is not appropriate: IBBI (See 'Legal Desk') India has signed MoUs with 23 countries for cooperation on Digital Public Infrastructure (See 'Corp Brief') Railways inspects All Bridges Twice a Year (See 'Corp Brief') Over 1.25 lakh Livestock Farmers joined Virtual Awareness Program: MoS (See 'Corp Brief') Pariksha Pe Charcha marks First-Ever multi-location nationwide engagement (See 'Corp Brief') TRAI issues Telecommunication Services Interconnection Regulations, 2026 (See 'Corp Brief') Govt accelerates 5G rollout through Spectrum Auctions (See 'Corp Brief') A&C - Once arbitral tribunal has adopted plausible & reasonable interpretation of facts and contractual terms, courts cannot re-appreciate evidence or sit in appeal over award: SC (See 'Legal Desk') Anusandhan Foundation sets Course for India's Innovation-led Journey to 2047 (See 'Corp Brief') A&C - Permitting a civil suit to challenge an award confirmed by the Supreme Court would undermine the arbitral framework and public confidence in arbitration: HC (See 'Legal Desk') MoS unveils First TDB Window to fund High-Risk Technology Commercialisation (See 'Corp Brief') NMDC records Highest-Ever Production, Sales and Financial Performance (See 'Corp Brief') DoT is actively promoting digital safety and preventing telecom-related frauds: MoS (See 'Corp Brief') A & C - Referral court not required to conduct detailed or contested inquiry & must limit itself to ascertaining whether underlying contract contains an arbitration clause covering disputes between the parties: HC (See 'Legal Desk') IICA organises Training Program on Companies Act, Competition Law & IBC (See 'Corp Brief') DCPC organises Job Fair in collaboration with AIPMA (See 'Corp Brief') SEBI - If Noticee violated regulation 23(1) and 23(4) of LODR Regulations as alleged in SCN, Noticee is liable for payment of monetary penalty in terms of section 15HB of SEBI Act: SEBI (See 'Legal Desk') SAIL records highest-ever January '26 performance (See 'Corp Brief') Paradip Port Authority wins First Prize at Swachhata Pakhwada (See 'Corp Brief') Atal Innovation Mission hosts Flagship Conclave for National Incubation Ecosystem (See 'Corp Brief') Trade Marks - Procedural defects & inadvertent errors which are curable should not be permitted to defeat substantive rights, unless shown to be deliberate, mala fide, or prejudicial to opposite party: HC (See 'Legal Desk') CCI approves subscription to 15.01% equity of Ambit Wealth by Daiwa International (See 'Corp Brief') India, Bhutan to strengthen Cooperation in Power Sector (See 'Corp Brief') CCI okays AXDI LDII SPV to acquire shares of Aadhar Housing Finance (See 'Corp Brief') PMLA - Unless resolution is approved by NCLT, matter under PMLA for attachment of property may proceed even against corporate debtor: SAFEMA (See 'Legal Desk') Misc - If public authority holds any information in form of data, statistics, abstracts, etc. an applicant can have access to same under RTI Act subject to exemptions u/s 8: IBBI (See 'Legal Desk') SEBI - Contention of Noticees cannot be accepted as ground to seek exoneration qua their liability regarding failure to comply with regulatory limits: SEBI (See 'Legal Desk') The Securities Markets Code, 2025: Strengthened Enforcement, Weakened Accountability? (See 'CORP EINSICHT')

Print

Chinese firm Wuhuan bags coal gastification contract from Talcher Fertilizers

Published: Sep 18, 2019

By TIOLCORPLAWS News Service

NEW DELHI, SEPT 18, 2019: Talcher Fertilizers Ltd (TFL) has awarded a Lump Sum Turn Key (LSTK) contract for Coal Gasification Plant PF Talcher Fertilizers Limited to M/s Wuhuan Engineering Co. Ltd, China as a part of measures to revival closed units of Fertilizer Corporation of India Ltd. (FCIL) and Hindustan Fertilizers Corporation Ltd (HFCL). The Government has mandated Talcher Fertilizers Ltd (TFL), a Joint Venture Company of RCF, GAIL, CIL, and FCIL to revive the Talcher unit of FCIL with an estimated investment of Rs. 13,277 crores with production capacity of 1.27 MMTPA of Neem coated Urea through coal gasification technology. TFL has also been allotted Northern part of North Arkhapal mine as captive mine for meeting its coal requirements.

Minister for Chemicals and Fertilisers, Mr D V Sadananda Gowda, Minster for Petroleum & Natural Gas and Steel, Shri Dharmendra Pradhan, Secretary (Fertilizers), Mr Chhabilendra Roul, presided over this contract award ceremony.

Speaking on the occassion, Minister for Chemicals and Fertilisers, Mr D V Sadananda Gowda said that TFL is implementing this project based on Coal Gasification Technology, being first of its kind in India. The Plant shall use a blend of coal and petcoke as feedstock for production of urea. Coal for this project shall be sourced from captive Northern part of North Arkhapal mine in Talcher region allotted to TFL and Petcoke shall be sourced from Paradip Refinery. This project will promote use of abundantly available domestic coal in an environment friendly manner. Success of this technology shall also propel usage of coal for production of other chemical products. The project shall improve India's self-sufficiency in Urea; promote agriculture growth and availability of Urea to farmers of Odisha. This initiative would propel India towards self-reliance in the Urea sector through efforts under "Make in India" in addition to generating direct and indirect employment of about 4,500.

The ‘Inauguration of Works' of the project has already been done by the Prime Minister Modi in September Last year and since then TFL is executing many of the pre project activities. Further tendering process for other major packages is also underway and it is expected that majority of the tenders shall be awarded before end of this FY.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

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