Saturday, 19 August 2017

Rs 12,000 crore coal-based ammonia urea units: LSTK contracts are coming up

Nearly 70% of China's urea capacity is based on ammonia produced from syn gas extracted out of coal
In India, two such projects are coming up, with price tags of around Rs 12,000 crore
In one, an international agency has been hired as consultant
In the other, process licensors have been selected.
Clearly promoters of both these urea-ammonia plants seem to be seriously going about trying to get their clearances and financial closures
For one, the RFQ for the LSTK contractor is expected in November 2017, for another in 2018

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