Selling LNG to a bankrupt fertiliser industry

Vol 5, PW 1 (28 Feb 01) News in Brief
     

Anyone interested in selling gas to the public sector fertiliser industry will be interested in the figures below released to parliament on 22nd February by minister of state for chemicals and fertilisers Satya Brata Mookherjee: Public sector fertiliser plants across India Name of state Number of fertiliser plants Installed Capacity in thousand metric tonnes Nitrogen Phosphate Andhra Pradesh 1 151.8 0.0 Assam 3 285.5 0.0 Bihar 3 236.4 42.2 Haryana 1 235.3 0.0 Kerala 3 325.4 131.9 Madhya Pradesh 2 785.2 0.0 Maharashtra 4 1000.5 120.1 Orissa 3 401.4 331.2 Punjab 3 543.0 0.0 Rajasthan 2 0.0 45.9 Tamil Naidu 2 347.5 142.8 Uttar Pradesh 1 131.1 0.0 West Bengal 1 79.6 0.0 Total: 29 4522.7* 814.1 (*This includes of 731,800 tonnes of nitrogen capacity, which is out of operation for a variety of reasons) Mookherjee told parliament that out of 29 fertilizer plants, 26 are under the administrative control of the Department of Fertilizers.

Out of 26 units, 15 units suffered a total loss of Rs12,096.2cr ($2.67bn) till January 2001. He said total capital investment by the government in the plants is Rs2,443.52cr ($537m).