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New Urea Policy 2015

In May 2015, the Union Cabinet gave its approval to a comprehensive New Urea Policy 2015 for the next four financial years (June 2015 to March 2019). Objectives The key objectives of the New Urea Policy 2015 are as follows: Maximise indigenous Urea Production to reduce import dependency and reduce subsidy burden on the government […]

Gas Price Pooling Policy 2015

From July 1, 2015; there is a ‘Gas price pooling’ mechanism in place in India. Under this scheme; the price of domestic natural gas is averaged or pooled with the cost of imported LNG to create a uniform rate for fertilizer plants.  All fertilizer plants in the country  get the feedstock natural gas to make […]