Rashtriya Chemicals and Topsoe enter Rs 5.14 bn deal for ammonia plant revamp
ECONOMY & POLICY

Rashtriya Chemicals and Topsoe enter Rs 5.14 bn deal for ammonia plant revamp

State-owned Rashtriya Chemicals and Fertiliaers Ltd (RCF) announced that its board of directors has approved a Rs 5.14 billion contract with Topsoe for revamping its ammonia plant at RCF Thal.

The contract, which spans 36 months, includes the procurement of a Basic Engineering Design Package (BEDP) and the supply of proprietary equipment and catalysts aimed at reducing specific energy consumption. This initiative is part of RCF's efforts to enhance efficiency and sustainability in its operations.

"We inform that the Board of Directors of the Company at its meeting held July 11, 2024, has accorded its approval for the Placement of Purchase Order on Topsoe A/s for procurement of Basic Engineering Design Package (BEDP) and Supply of Proprietary Equipment and Catalyst for revamp of Ammonia Plant at RCF Thai for a reduction in specific energy consumption," RCF stated in a filing with the stock exchange.

Currently, the Indian government holds a 75% share in RCF, while the remaining 25% is distributed among LIC/mutual funds, UTI/financial institutions, and the public.

RCF operates fertiliser and chemical manufacturing plants at two locations in Maharashtra: Trombay and Thal. These plants produce nitrogenous, phosphatic, and potassic fertilisers along with a wide range of industrial chemicals.

(Source: CNBCTV18)

State-owned Rashtriya Chemicals and Fertiliaers Ltd (RCF) announced that its board of directors has approved a Rs 5.14 billion contract with Topsoe for revamping its ammonia plant at RCF Thal. The contract, which spans 36 months, includes the procurement of a Basic Engineering Design Package (BEDP) and the supply of proprietary equipment and catalysts aimed at reducing specific energy consumption. This initiative is part of RCF's efforts to enhance efficiency and sustainability in its operations. We inform that the Board of Directors of the Company at its meeting held July 11, 2024, has accorded its approval for the Placement of Purchase Order on Topsoe A/s for procurement of Basic Engineering Design Package (BEDP) and Supply of Proprietary Equipment and Catalyst for revamp of Ammonia Plant at RCF Thai for a reduction in specific energy consumption, RCF stated in a filing with the stock exchange. Currently, the Indian government holds a 75% share in RCF, while the remaining 25% is distributed among LIC/mutual funds, UTI/financial institutions, and the public. RCF operates fertiliser and chemical manufacturing plants at two locations in Maharashtra: Trombay and Thal. These plants produce nitrogenous, phosphatic, and potassic fertilisers along with a wide range of industrial chemicals. (Source: CNBCTV18)

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code