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Phosphoric Acid & Sulphuric Acid Greenfield Project: Fast moving developments ahead
Aug 13: Phosphoric Acid & Sulphuric Acid Greenfield Project
8Cost - Rs 1800 crore
8Project Event: The company is in the process of discussions with Phosphoric Acid Process Licensors for the supply of Basic Engineering Package based on which the company proposes to execute the project on an EPC basis. The finalization is still ongoing and was to be done in March but due to COVID-19, now it is likely to be finalized in September 2020. Simultaneously the company is in final discussion with Rock Phosphate Suppliers for the execution of Memorandum of Understanding (MoU) to ensure the availability of rock phosphate on a long-term basis. The company has already achieved NoC from the state pollution board. The RFQ for the EPC contractor is likely to be released in September 2020.
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