India's new ammonia-urea capacities: Will they become subsidy-gulping white elephants?
Is India's decision to set up Rs 6000 ammonia-urea capacities to make it eventually free from importing urea a wise decision? 8Since ammonia can be produced far cheaply in the US at lower gas prices, would India have been better of importing the ammonia instead? 8The US has a huge advantage over India in producing chemicals such as ammonia and methanol 8And they are far cheaper and easier to transport than LNG 8Will India's big new ammonia-urea complexes become subsidy gulping white elephants? Click on Reports for more