Guwahati, March 19: The Union Cabinet, chaired by Prime Minister Narendra Modi, on March 19 has approved the establishment of a new Brownfield Ammonia-Urea Complex with an annual production capacity of 12.7 Lakh Metric Tonnes (LMT) within the existing premises of Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) in Namrup.
The project, with an estimated total cost of ₹10,601.40 crore, will be developed through a Joint Venture (JV) under the New Investment Policy, 2012, and its amendments of October 7, 2014, with a debt-equity ratio of 70:30. The Namrup-IV project is expected to be commissioned within 48 months.
Additionally, the Cabinet has approved an 18% equity participation by National Fertilizers Limited (NFL), granting an exemption from the limits set by the Department of Public Enterprises (DPE) guidelines. An Inter-Ministerial Committee (IMC) will be constituted to oversee the establishment of the Namrup-IV Fertilizer Plant.
The proposed JV will have Government of Assam holding 40% equity, Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) – 11%, Hindustan Urvarak & Rasayan Limited (HURL) – 13%, National Fertilizers Limited (NFL) – 18%, Oil India Limited (OIL) – 18%. BVFCL’s equity share will be provided in the form of tangible assets.
This project will enhance domestic urea production, particularly benefiting the North-Eastern region. It will help meet the rising demand for urea fertilizers in Assam, Bihar, West Bengal, Eastern Uttar Pradesh, and Jharkhand. The Namrup-IV unit will be more energy-efficient and is expected to create substantial direct and indirect employment opportunities in the region. The initiative aligns with the vision of achieving self-reliance in urea production in India.
Read: 17 percent of Meghalaya’s soil is degraded: Ampareen Lyngdoh
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 within the existing premises of Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) in Namrup.){kind=link}