India Procurement News Notice - 55260


Procurement News Notice

PNN 55260
Work Detail In a significant development, the Board of Directors of National Fertilizers Limited convened in a meeting on December 19, 2023, and granted approval for the establishment of a Nano Urea (Liquid) production plant. The decision was based on the financial viability outlined in the Techno-Economic Feasibility Report, emphasizing the strategic importance of this initiative. The approval signifies National Fertilizers Limiteds commitment to innovation in the fertilizer sector by incorporating advanced technologies such as Nano Urea (Liquid). This move is expected to enhance the efficiency of nutrient delivery to crops, contributing to sustainable and eco-friendly agricultural practices. The decision-making process, rooted in a thorough Techno-Economic Feasibility Report, reflects the boards dedication to ensuring the financial viability and success of the Nano Urea (Liquid) production plant. This forward-thinking approach aligns with the companys vision of contributing to the agricultural sectors modernization and the adoption of cutting-edge solutions. The establishment of the Nano Urea (Liquid) production plant holds promise not only for National Fertilizers Limited but also for the broader agricultural landscape, offering a more sustainable and effective alternative to traditional urea fertilizers. The move underscores the companys commitment to staying at the forefront of technological advancements in the fertilizer industry.
Country India , Southern Asia
Industry Food & Agriculture
Entry Date 23 Dec 2023
Source https://newsonprojects.com/news/national-fertilizers-ltd-greenlights-establishment-of-nano-urea-liquid-production-plant

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