Exchange: NSE·Updated 04:00 PM GMT+5:30

TFL.NSE News

News
all
press releases
US-Iran war: Delay in Rs 13,000 crore Talcher fertilizer project raises supply concerns
The Rs 13,000 crore Talcher Fertilizers Limited (TFL) project in Odisha’s Angul district, once expected to strengthen India’s fertilizer self-reliance, is now running over four years behind schedule, raising concerns for farmers amid ongoing global supply uncertainties. Designed to produce 12.7 lakh metric tonnes of urea annually, the coal gasification-based plant was initially slated for commissioning in September 2023. However, the deadline has now been pushed to December 2027. The delay comes at a time when India’s fertilizer supply chain is under stress due to geopolitical tensions in West Asia, a region crucial for global energy and fertilizer inputs. Impact on Farmers Amid Global Uncertainty The prolonged delay is likely to have a cascading effect on the agriculture sector, particularly on farmers who rely heavily on timely availability of subsidised urea. With domestic production capacity yet to be augmented through the Talcher unit, India may continue to depend on imports to bridge the supply gap.
cityfalcon.com
India’s GAIL, CIL to invest in Talcher Fertilisers via rights issue
MUMBAI (ICIS)--State-owned firms Gas Authority of India Ltd (GAIL) and Coal India Ltd (CIL) will invest Rs 10.7 billion ($124.7 million) each in Talcher Fertilizers Ltd by subscribing to shares via a...
cityfalcon.com
Coal India to invest Rs 1,067 crore in Talcher Fertilizers
Coal India Ltd (CIL) will invest over Rs 1,067 crore in Talcher Fertilizers Ltd (TFL) by acquiring shares through a rights issue. This investment aims to revive FCIL's fertilizer unit in Odisha via a coal gasification-based plant. The project, currently 65.66% complete, faced delays due to pandemic-related disruptions and is now undergoing regular reviews to address pending issues.
cityfalcon.com
Fertilizers push: Coal India to infuse over Rs 1,067 crore in Talcher Fertilizers; coal gasification plant sees 65% progress
Coal India will invest over Rupees 1,067 crore in Talcher Fertilizers Limited. This investment supports India's first coal gasification-based ammonia urea plant. The Talcher project aims to produce 12.7 lakh tonnes of urea annually. The project faced delays due to the pandemic. Coal India views this investment as crucial for diversification and fertiliser self-sufficiency.
cityfalcon.com

Advertisement|Remove ads.