Government mulls new fertiliser plant in Karnataka

Government mulls new fertiliser plant in Karnataka

Submitted by alvin on Tue, 2016-07-12 10:56 Bengaluru: The Union government plans to set up a greenfield fertiliser plant in Karnataka through a joint venture at a Rs.6,000 crore investment, an official said on Monday."The plant with 13 lakh tonne production capacity per annum will be jointly set up by the central and state governments with private participation," the official told media here after Union Chemicals and Fertilisers Minister Ananth Kumar discussed the project with state Industries Minister RV Deshpande here.Kumar, who is also a Lok Sabha lawmaker from Bangalore South constituency, asked the state government to identify the required land at Davangere, Dharwad or Vijayapura in the state's northern region for setting up the project, which will create hundreds of jobs and meet the fertiliser needs of farmers across the state."The project will be located at one of the sites, which will be identified keeping view the feasibility of accessing natural gas from the Dhabol to Bidadi gas pipeline via Bengaluru," the official said.Ahead of the new project, the fertilisers ministry is setting up an advanced polymer design and development research laboratory at Devanahalli, about 40km from Bengaluru, at Rs 87 crore on a 50:50 share basis with the state government."The laboratory will be built at the aerospace and defence park as the 29th research and development (R