CCEA approves extension of applicability of NIP-2012 for three units of Hindustan Urvarak and Rasayan Limited

• Integrity Education, Delhi
• 23, Mar 2022

The Cabinet Committee on Economic Affairs has approved an extension of applicability of New Investment Policy, NIP-2012 for the three units of Hindustan Urvarak and Rasayan Limited, HURL in Gorakhpur, Sindri and Barauni.

AIR Correspondent reports that HURL is a Joint Venture Company by Coal India Limited, NTPC,  and Indian Oil Corporation. These three facilities integrate the world’s best technologies aiming to meet the demand for urea in Seven States - Uttar Pradesh, Bihar, Jharkhand, Chhattisgarh, Madhya Pradesh, West Bengal and Odisha.

The company is reviving the erstwhile Gorakhpur and Sindri Units of Fertilizer Corporation of India Limited and Barauni Unit of Hindustan Fertilizer Corporation Limited by setting up new gas based Urea Plants with the installed capacity of 12.7 Lakh Metric Ton Per Annum each.

All three HURL units have various unique features like state of the art blast proof control room equipped with Distributed Control System, Emergency Shutdown System and environment Monitoring Systems.

Sources : News on AIR