58 Leaders from 40 Political Parties attended Meeting (See 'Corp Brief') Odisha's New Coastal Highway: A Gateway to Spiritual Journeys (See 'Corp Brief') IBC - Foreign subsidiary assets must remain separate from parent company's insolvency proceedings: NCLAT (See 'Legal Desk') Vaishnaw flags Off Ramnagar-Dehradun Express (See 'Corp Brief') Centre provides extended Relief Window for Select Solar Projects up to December (See 'Corp Brief') Arbitration and Conciliation - A supervisory court lacks power to modify an award or grant fresh substantive reliefs, rendering petitioner's prayer for active domain transfer legally unmaintainable: HC (See 'Legal Desk') Vivek Nishant Nath takes charge as Director (Commercial), NMDC (See 'Corp Brief') Aadhaar App crosses 40 Million Downloads, Driving Convenient Digital Identity Services (See 'Corp Brief') Arbitration - Scope of interference under Section 37 of the Act is highly circumscribed & does not permit re-appreciation of evidence or fresh factual determination on matters of accounting: HC (See 'Legal Desk') PM lays bricks for 150-bed state-of-the-art Critical Care Block at PGIMER (See 'Corp Brief') Govt to release Revised Index of Core Industries Series with Base Year 2022-23 (See 'Corp Brief') 4th Edition of IICA's National Conference on Responsible Business Conduct held in Delhi (See 'Corp Brief') Capital Market - AMC/ Fund houses cannot, on grounds of commercial expediency or investor benefit, unilaterally extend maturity of securities and delay redemption of scheme proceeds: SC (See 'Legal Desk') MSDE extends Special Intervention under PM-NAPS to Boost Apprenticeship (See 'Corp Brief') Centre for Trade and Investment Law launches guidebook to help Indian MSMEs expand into global markets (See 'Corp Brief') Misc - Metro depot is indispensable part of metro rail project and therefore squarely falls within public purpose: SC (See 'Legal Desk') Goyal leads High-Level Delegation to Finland to Strengthen Trade and Investment Ties (See 'Corp Brief') Over 75 Industries join ICAR CSR Conclave 2026 (See 'Corp Brief') Misc - Inclusion of royalty, DMF and NMET in sale value under Mineral Conservation and Development Rules, 2017, is valid measure for computation of average sale price and does not alter nature of royalty u/s 9 of MMDR Act: SC (See 'Legal Desk') Tech Innovation and disruption in Construction Industry (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.