Chambal Fertilisers & Chemicals gets nod to setting up manufacturing plant for Technical Ammonium Nitrate

Chambal Fertilisers & Chemicals has received approval for setting up a plant for manufacture of Technical Ammonium Nitrate (Project) at its existing site at Gadepan, District Kota, Rajasthan with a capacity of approximately 2,20,000 Metric Tons (MT) per annum and estimated Project cost of approximately Rs 1170 crore. The Project will also include a plant to manufacture approximately 1,80,000 MT per annum of weak nitric acid.

The demand of Technical Ammonium Nitrate in India outstrips the supply and balance is met through imports. The Company has excess ammonia being produced in its fertiliser plants at Gadepan due to technical reasons which is presently being sold in the domestic market. Such excess ammonia is proposed to be utilized for manufacture of aforesaid Technical Ammonium Nitrate which will result into value addition and hence better margins for the Company. The Technical Ammonium Nitrate to be manufactured shall cater primarily to the domestic market in India.

The Project is estimated to be completed in next 36 months and implementation of the Project is subject to necessary statutory and other approvals.

Chambal Fertilisers & Chemicals is one of the largest private sector fertilizer producers in India.