scorecardresearch
Assam's Namrup set for Rs 500 crore Nano urea plants boost

Assam's Namrup set for Rs 500 crore Nano urea plants boost

Union Ministers Sarbananda Sonowal and JP Nadda met to discuss the expansion of the Brahmaputra Valley Fertiliser Corporation Ltd (BVFCL) in Namrup.

advertisement
Rs 500 crore investment for two new Nano Urea Plants in Assam Rs 500 crore investment for two new Nano Urea Plants in Assam

In a significant development aimed at bolstering Assam's industrial and economic landscape, Union Minister Sarbananda Sonowal met with Union Minister JP Nadda to discuss the expansion plans of the Brahmaputra Valley Fertiliser Corporation Ltd (BVFCL) in Namrup. At the core of their discussion was the proposed investment of Rs 500 crores to establish two new Nano Urea Plants within the BVFCL compound. This initiative is poised to not only modernize the existing facilities but also enhance their production capabilities, marking a substantial step towards regional economic empowerment.

Following the meeting, Minister Sarbananda Sonowal expressed optimism about the project's impact on the region. He highlighted that these state-of-the-art plants, including a nano DAP plant, are expected to revolutionize agricultural practices in Assam. Moreover, they are projected to create a multitude of job opportunities, particularly benefiting the local youth, while meeting the rising demand for agricultural fertilizers.

The initiative, supported by Prime Minister Narendra Modi's vision for bolstering capital industries in Northeast India, underscores a strategic effort to harness local resources and stimulate sustainable economic growth. In addition to industrial expansion, the project encompasses plans for social infrastructure improvements, such as the construction of a community hall and enhanced sports facilities for children in the Namrup area. These enhancements aim to elevate the overall quality of life and foster a conducive environment for holistic regional development.

The proposed investment signifies a concerted effort by the government to leverage technological advancements in agriculture, thereby positioning Namrup as a pivotal hub for fertilizer production in the region. With assurances from Minister JP Nadda regarding the timely commencement of construction, the project is set to pave the way for a transformative economic trajectory, reinforcing Assam's role as a key player in India's agricultural sector.

Edited By: Puja Mahanta
Published On: Jul 01, 2024