https://www.taxtmi.com/news?id=37806 The Cabinet approved establishment of a brownfield Ammonia Urea complex at Namrup via a public sector Joint Venture financed on a 70:30 debt equity basis, with BVFCL contributing tangible assets as equity and specified equity shares allocated among the State government and central enterprises. The approval relaxes normal Department of Public Enterprises limits to permit National Fertilizers Ltd equity participation and mandates an Inter Ministerial Committee to oversee implementation, aiming to increase regional urea production, improve energy efficiency, and support local employment. en-us Wed, 19 Mar 2025 16:31:03 +0530 Wed, 19 Mar 2025 16:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37806 The Cabinet approved establishment of a brownfield Ammonia Urea complex at Namrup via a public sector Joint Venture financed on a 70:30 debt equity basis, with BVFCL contributing tangible assets as equity and specified equity shares allocated among the State government and central enterprises. The approval relaxes normal Department of Public Enterprises limits to permit National Fertilizers Ltd equity participation and mandates an Inter Ministerial Committee to oversee implementation, aiming to increase regional urea production, improve energy efficiency, and support local employment. News - Wed, 19 Mar 2025 16:31:03 +0530 https://www.taxtmi.com/news?id=37806