Chhattisgarh, GAIL Sign MoU for Gas-Based Fertiliser Plant
OIL & GAS

Chhattisgarh, GAIL Sign MoU for Gas-Based Fertiliser Plant

The Government of Chhattisgarh on Tuesday signed a memorandum of understanding with GAIL (India) Ltd to explore the development of a greenfield gas-based fertiliser project in the state. Under the agreement, GAIL will undertake detailed techno-economic feasibility studies for setting up a urea manufacturing plant with a proposed capacity of 1.27 million tonnes per annum. The facility is planned to be strategically located along GAIL’s Mumbai–Nagpur–Jharsuguda natural gas pipeline corridor.

According to an exchange filing, the final investment decision on the project will be taken by GAIL after evaluating the outcome of the feasibility and techno-economic assessments. The MoU is non-binding in nature and is intended to assess the project’s viability before any capital commitment is made.

The agreement was signed in the presence of Chhattisgarh Chief Minister Vishnu Deo Sai by Rajat Kumar, Secretary (Commerce and Industries), Government of Chhattisgarh, and Rajeev Kumar Singhal, Director (Business Development), GAIL. The state government has committed to supporting the project at all stages, including assistance with feasibility studies, identification and allocation of suitable land, coordination with state and central authorities, facilitation of statutory approvals, and development of enabling infrastructure required for implementation.

Shares of GAIL (India) Ltd ended marginally higher on Tuesday, December 23, rising by 0.12 per cent.

The Government of Chhattisgarh on Tuesday signed a memorandum of understanding with GAIL (India) Ltd to explore the development of a greenfield gas-based fertiliser project in the state. Under the agreement, GAIL will undertake detailed techno-economic feasibility studies for setting up a urea manufacturing plant with a proposed capacity of 1.27 million tonnes per annum. The facility is planned to be strategically located along GAIL’s Mumbai–Nagpur–Jharsuguda natural gas pipeline corridor. According to an exchange filing, the final investment decision on the project will be taken by GAIL after evaluating the outcome of the feasibility and techno-economic assessments. The MoU is non-binding in nature and is intended to assess the project’s viability before any capital commitment is made. The agreement was signed in the presence of Chhattisgarh Chief Minister Vishnu Deo Sai by Rajat Kumar, Secretary (Commerce and Industries), Government of Chhattisgarh, and Rajeev Kumar Singhal, Director (Business Development), GAIL. The state government has committed to supporting the project at all stages, including assistance with feasibility studies, identification and allocation of suitable land, coordination with state and central authorities, facilitation of statutory approvals, and development of enabling infrastructure required for implementation. Shares of GAIL (India) Ltd ended marginally higher on Tuesday, December 23, rising by 0.12 per cent.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement