Coal India, GAIL, two other PSUs to form JV

State-owned Coal India, gas utility GAIL and fertiliser majors RCF and FCIL will form a JV for revival of Talcher urea plant in Odisha. A consortium of RCF, GAIL, CIL and Fertiliser Corporation of India had agreed to invest Rs 8,000 crore for the revival of this urea plant with a production capacity of 1.2 mtpa. An MoU has been earlier signed to form two separate JVs to revive this plant and build a power plant and coal washery facility at the site. Rajasthan