Centre Extends New Investment Policy-2012 to HURL's 3 Fertilizer Plants
According to an official statement, "the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the proposal of the Department of Fertilisers to extend the applicability of the New Investment Policy (NIP)-2012" to these three HURL units.
The government approved the extension of the 'New Investment Policy-2012' to three new Hindustan Urvarak & Rasayan Ltd (HURL) units in Gorakhpur, Sindri, and Barauni on Tuesday. To facilitate new investment in the urea sector and to make India self-sufficient, the government announced the New Investment Policy (NIP) - 2012 in January 2013 and its amendment in October 2014.
According to an official statement, "the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the proposal of the Department of Fertilisers to extend the applicability of the New Investment Policy (NIP)-2012" to these three HURL units.
HURL, founded in June 2016, is a partnership between Coal India Ltd, NTPC, and Indian Oil Corporation. It is reviving FCIL's Gorakhpur and Sindri units, as well as GFCL's Barauni unit, by establishing new gas-based urea plants with an installed capacity of 12.7 lakh tonnes per annum each. The three HURL urea projects will cost Rs 25,120 crore. GAIL provides natural gas to these three units.
The commissioning of the three units will increase urea production in the country by 38.1 lakh tonnes per year.
The project will not only increase the availability of fertilizer to farmers, but it will also boost the region's economy by developing infrastructure such as roads, railways, ancillary industry, and so on, in addition to ensuring the nation's food security.
These three plants will supply urea to seven states: Uttar Pradesh, Bihar, Jharkhand, Chhattisgarh, Madhya Pradesh, West Bengal, and Odisha.
Each of the three HURL units has its own distinct features, such as a blast-proof control room outfitted with a DCS (distributed control system), and ESD (emergency shutdown system), and environmental monitoring systems. In these plants, there is no offsite wastewater disposal.
The systems are run by highly motivated, dedicated, and well-trained personnel. HURL-Gorakhpur has India's first air-operated bullet-proof rubber dam, measuring 65 metres in length and 2 metres in height.
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