Consider the following statements 1 Fertilizer Corporation of India FCI has set up low sulfur heavy ...........

Haryana Economy

Consider the following statements.

1.Fertilizer Corporation of India (FCI) has set up low sulfur heavy stock (LSHS) Nitrogenous fertilizer plant in Panipat, Haryana.

2. It has an installed capacity of 5.11 lakh tonnes of Urea.

3.National Fertilizer Limited (NFL) is the largest producer of Nitrogenous fertilizer in the country.

Which of the following statements is/are correct ?

1 and 2 Only

2 and 3 Only

1 and 3 Only

All of the above

छोटे Courses बड़े Results

Master Economy

Prepare through Micro-courses

Try Now

Explanation:

National Fertilizers Limited (NFL), a Mini Ratna Company was incorporated on 23rd August, 1974 for implementation of two fertilizer plants, based on gasification technology of Feed Stock/ LSHS at Bathinda in Punjab and Panipat in Haryana having an installed capacity of 5.11 lakh tones of Urea each. In April’ 1978 the Nangal Group of Plants of Fertilizer Corporation of India (FCI) were transferred to NFL upon reorganization of NFL-FCI. The Govt. of India, in 1984, entrusted the Company to execute the country’s first inland gas based fertilizer project of 7.26 lakh tones Urea capacity in District Guna in Madhya Pradesh. This project (which commenced commercial production w.e.f. 1.7.1988), on its completion well within time and approved cost, received the First prize for “Excellence in Project Management” from the Ministry of Program Implementation. Expansion of Vijaipur Plant was taken up in 1993 for doubling its annual production capacity. The commercial production from this Plant was declared in March, 1997. The Department of Fertilizer has revised the annual installed capacity of Vijaipur Plants from 7.26 lakh tones of Urea to 8.64 lakh tones (each) with effect from April 2000.In order to sustain and enhance the Company’s growth, NFL successfully completed the revamping of Urea Plant at Nangal. Commercial production from this plant began in February 2001. The annual installed capacity of Nangal Plant increased from 3.30 lakh tones of Urea to 4.78 lakh tones. With these steps the total annual installed capacity of Urea at NFL has reached to 32.31 lakh tones. The company during the year 2005-06, produced 33.44 lakh tones of Urea, thereby achieving a capacity utilization of 103.5%. NFL is the second largest producer of Nitrogenous fertilizer in the country. KISAN Urea (46% N) is the flagship brand of the company. The Company’s Contribution towards Urea production in the country during 2005-06 is 16.6%. NFL has been making profits consistently. The Company, during 2005-06, recorded the Urea sale of 33.63 lakh MT and recorded a pre-tax profit of Rs. 179.30 crores.