Indian fertiliser firms pick Iranian partner for urea plant

摘要

Indian fertiliser companies have shortlisted a subsidiary of Iran's Bank Pasargad for jointly setting up a urea manufacturing plant at Chahbhar in Iran. A consortium of state-owned Rash-triya Chemicals and Fertilizers (RCF), Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) and Gujarat Chemicals and Fertilizers (GSFC) is planning to set up a gas-based urea/ammonia making plant in Iran. The plant proposes to use cheap gas supplied by Iran to manufacture crop nutrients for export to India. The consortium has reportedly selected private sector Pasargad Energy Development Company (PEDC), which owns land in the Chahbhar region, for a joint venture. PEDC is a subsidiary of Bank Pasargad.