The Prime Minister of India, Shri Narendra Modi, marked a significant moment in the nation’s journey towards self-sufficiency by dedicating the Hindustan Urvarak & Rasayan Ltd (HURL) Sindri Fertiliser Plant at Sindri, Dhanbad, Jharkhand. This inauguration stands as a testament to the government’s commitment to fostering an ‘Aatmanirbhar Bharat’.
Advancing Self-Sufficiency
- India’s annual urea requirement stands at 360 lakh metric tonnes, with a shortfall evident in 2014 when domestic production was only 225 lakh metric tonnes.
- Over the past decade, concerted efforts have elevated urea production to 310 lakh metric tonnes, yet addressing the deficit remains imperative.
- The inauguration of the Sindri Plant is pivotal in bridging this gap and bolstering indigenous production.
Reviving National Assets
- The revival of key fertilizer plants such as Ramagundam, Gorakhpur, Barauni, and the forthcoming Talcher Fertilizer plant exemplifies a strategic approach towards revitalizing critical national assets.
- These initiatives collectively aim to produce 60 lakh metric tonnes of urea, epitomizing the nation’s journey towards self-reliance.
Hindustan Urvarak & Rasayan Limited (HURL)
- HURL, a collaborative effort between PSUs including NTPC, IOCL, CIL, and FCIL/HFCL, signifies a synergy aimed at driving economic growth and self-sufficiency.
- The Sindri Plant, with its installed capacity of 12.7 LMT per annum, commenced urea production on November 5th, 2022, symbolizing a milestone in India’s industrial landscape.
Strategic Investment and Partnerships
- The establishment of the state-of-the-art gas-based Sindri Plant, with an investment of Rs. 8939.25 Crore, reflects the strategic partnerships and investments crucial for realizing national objectives.
- Equity participation from NTPC, IOCL, CIL, and FCIL underscores a collaborative approach towards fostering economic growth.
Regional Impact and Employment Opportunities
- Beyond economic implications, the Sindri Plant promises to bolster regional development and employment opportunities.
- With 450 direct and 1000 indirect job opportunities, alongside the development of MSME vendors, the region stands to benefit holistically from this industrial resurgence.
Enhancing Agricultural Productivity
- The inauguration of the Sindri Plant signifies a monumental leap towards ensuring adequate fertilizer supply to states like Jharkhand, West Bengal, Odisha, Chhattisgarh, Madhya Pradesh, and Bihar.
- By supporting timely access to fertilizers and extension services, the plant not only aids in agricultural productivity but also catalyzes overall economic development in the region.