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Tata Chem to augment capacity
The Hindu March 04,
2009
NEW DELHI: Tata Chemicals is likely to sign an agreement
with Reliance Industries to buy natural gas for its urea plant
at Babrala in Uttar Pradesh. Besides, the company will increase
the capacity of its plant from 8.64 lakh tonnes to 11.55 lakh
tonnes through the de-bottlenecking process by investing Rs.
208 crore. We hope to get supply of gas from Reliance
Industries eastern offshore KG basin from April. The
gas sales and purchase agreement is likely to be signed on
March 6 along with eight other fertilizer units, Tata
Chemicals Executive Director Kapil Mehan said here at a press
conference.
He said the company was ready to invest more to augment capacity
of urea further at the same site in Uttar Pradesh if they
get assured gas supply for long-term.
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