ONGC to set up Rs 5000 crore urea manufacturing unit
Oil giant ONGC has decided to set up a Rs 5000 crore urea fertiliser manufacturing unit in North Tripura district, official sources said on Saturday.
Nagarjuna Fertilisers and Chemicals Limited, India's second largest urea player by volume, will spend Rs 4,500 crore on capacity expansion, eyeing an increase in total urea production to 2.9 million tonnes in the next two years.