Ramagundam (Telangana): Prime Minister Narendra Modi on Friday laid the foundation stone and dedicated to the nation multiple projects, including a fertilizer plant, worth over ₹9500 crores in Ramagundam.
Speaking on the occasiton, he said the projects launched to promote both agriculture and agricultural growth. He said that India was engaged in strengthening its resources, while the entire world was dealing with the corona pandemic and grappling with the strenuous situations of war and military actions.
The Prime Minister dedicated fertilizer plant at Ramagundam to the nation, whose foundation stone was also laid by him in the year 2016. The driving force behind the revival of the fertilizer plant is the vision to help India achieve self-sufficiency in production of urea. The plant will ensure availability of 12.7 LMT per annum of indigenous neem-coated urea in the market.
The project has been set up under the aegis of Ramagundam Fertilizers and Chemicals Limited (RFCL), which is a joint venture company of National Fertilizers Limited (NFL), Engineers India Ltd (EIL) and Fertilizer Corporation of India Limited (FCIL). RFCL was entrusted with the responsibility of setting up the new ammonia-urea plant with an investment of more than ₹6300 crores. Gas to RFCL plant will be supplied through Jagdishpur – Phulpur- Haldia pipeline.
The plant would ensure adequate and timely supply of urea fertilizer to the farmers in the state of Telangana as well as in Andhra Pradesh, Karnataka, Chattisgarh and Maharashtra. The plant would not only improve the availability of fertilizer but will also boost overall economic development in the region including the development of infrastructures like roads, railways, ancillary industry etc.
Apart from this, the region will benefit from the development of MSME vendors for supply of various goods for the factory. RFCL’s ‘Bharat Urea’ will provide a tremendous boost to the economy by not only reducing imports but also by giving an impetus to the local farmers through a timely supply of fertilizers and extension services.
The Prime Minister also inaugurated the Bhadrachalam Road- Sattupalli rail line, which has been built at a cost of around ₹1000 crores. He also laid the foundation stone of various road projects worth over ₹2200 crores, namely the Medak-Siddipet-Elkathurthy section of NH-765DG; Bodhan-Basar-Bhainsa section of NH-161BB; Sironcha to Mahadevpur Section of NH-353C.
Officials said that the Central government had taken a lot of stems to improve availablity of fertilizers in the country. The measures include 100% neem coating of urea, opening of 5 big plants lying closed with capacity to produce more than 60 lakh tonnes of urea, adoption of single pan-India brand ‘Bharat Brand’, spending of ₹9.5 lakh crore in 8 years to keep fertilizers affordable, doling out subsidy to urea and DAP and popularising soil health card.