HFCL – Barouni Fertiliser Plant Revamp – Bihar - Project Profile
"HFCL – Barouni Fertiliser Plant Revamp – Bihar - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Hindustan Fertilizer Corporation Ltd (HFCL) is undertaking the revamp of a fertilizer plant in Barauni, Bihar, India.
The project involves the construction of a fertilizer plant 194ha of land with a production capacity of 1.3 million tonnes of urea per annum. It includes the construction of a processing unit, storage rooms, testing units and related infrastructure, and the installation of a chemical treatment plant and machinery.
On August 4, 2011, the Cabinet Committee on Economic Affairs (CCEA) approved the proposal for revival of the project based on the recommendation of Empowered Committee of Secretaries (ECOS).
In January 2013, a meeting was held by the ECOS.
In May 2013, the project was approved by CCEA and the Board for Industrial and Financial Restructuring (BIFR) reviewed the project plans in June 2013.
In January 2015, the Government of Bihar agreed to invest US$962 million to develop the project.
On March 31, 2015, the Union Cabinet approved revival of Barauni unit through ‘bidding route’ on revised terms.
The Government decided to revive the Barauni Unit through the ‘bidding route’ by providing land on lease basis to facilitate obtaining a loan by the investor, instead of providing the land on ‘right to use’ basis as approved earlier by the CCEA in August 2011.
On July 2016, the union cabinet approved the revival of closed urea Barauni unit in Bihar through a special purpose vehicle to be formed by three public sector units (PSUs)—Indian Oil Corp. Ltd (IOC), NTPC Ltd and Coal India Ltd (CIL).
On May 16, 2017, The inter-ministerial council of the Union government gave administrative approval for the transfer of 194ha of land of Barauni fertilizer unit in Bihar.
In a high-level meeting, it has been decided to revive Barauni Unit of HFCL through a bidding process.
Pre-design activities on the project are underway.
The project involves the construction of a fertilizer plant with a production capacity of 1.3 million tonnes of urea per annum in Barauni, Bihar, India.
The US$962 million project includes the following:
1. Construction of a processing unit
2. Construction of storage rooms
3. Construction of a packing facility
4. Installation of equipment
5. Installation of gasification tanks
6. Construction of related infrastructureReasons To Buy