State-owned RCF (Rashtriya Chemicals & Fertilizers) has announced that its board has approved a major purchase order with Larsen & Toubro (L&T) for the establishment of a 1,200 metric tons per day (MTPD) complex fertilizer plant.

The facility will be located at RCF’s Thal site, and the total project value is estimated to be ₹1,000.27 crore, excluding GST. The project will be executed on a lump-sum turn-key (LSTK) basis, which ensures streamlined project delivery.

The construction timeline is set for 27 months, marking a significant boost to RCF’s fertilizer production capacity. This investment underscores RCF’s commitment to enhancing its manufacturing capabilities, allowing the company to meet growing demand for fertilizers in India’s agriculture sector.

Rashtriya Chemicals & Fertilizers Share Price history

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Day Open Close Day’s change
Wed, Oct 9 2024
₹170.10
₹171.01
+1.00%
Tue, Oct 8 2024
₹163.50
₹169.31
+3.24%
Mon, Oct 7 2024
₹175.49
₹163.99
-6.00%
Fri, Oct 4 2024
₹180.50
₹174.46
-3.52%
Thu, Oct 3 2024
₹183.00
₹180.83
-2.81%
Tue, Oct 1 2024
₹181.38
₹186.06
+2.59%
Mon, Sep 30 2024
₹182.50
₹181.36
-0.83%
Fri, Sep 27 2024
₹182.20
₹182.88
+0.73%

 

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TOPICS: RCF