Rashtriya Chemicals and Fertilizers Limited (RCF) has announced that its Board of Directors has approved the placement of a significant purchase order on Larsen & Toubro Ltd (L&T) for setting up a 1200 MTPD (DAP basis) complex fertilizer plant. This project will be executed on a Lump Sum Turnkey (LSTK) basis at RCF’s Thal unit.
Key Highlights:
Entity Awarded: Larsen & Toubro Ltd (Division: L&T Energy Hydrocarbon)
Project Scope: Setup of a 1200 MTPD (DAP basis) complex fertilizer plant.
Location: RCF, Thal
Time Period: 27 months for completion.
Project Value: ₹1,000.27 crore (excluding GST).
This project aligns with RCF’s strategy to enhance its fertilizer production capacity and meet the growing demand for fertilizers in the domestic market. The order does not involve any related party transactions, and L&T, a domestic entity, will spearhead the execution.
The Board meeting, which was held on October 9, 2024, lasted 15 minutes, during which the decision was finalized.
This development marks a significant step for RCF in strengthening its infrastructure for sustainable growth in the fertilizer sector.
