These are some of the top projects in this category covered in New Projects Tracker portal in 2023.
Project Promoter : Rama Phosphates Ltd
Products & Capacity : Phosphatic Fertilizer (54000 MT/Month)
Project Location : Nardana MIDC Area Phase-I, Sindkheda, Dhule, Maharashtra
Proposed Investment : 958.2 ( Rs. million )
Executive Summary : Rama Phosphates Ltd, an Indian company, is poised to establish a phosphatic fertilizer manufacturing unit with a substantial capacity of 54,000 MT/Month and an allied products capacity of 9,200 MT/Month in Maharashtra. The estimated project cost is Rs.958.2 million, and as of May 2022, the environmental clearance process is in progress. Focused on producing Single Super Phosphate (Granulated), the project represents an investment of Rs.958.2 million, contributing to the fertilizer industry in the region.
Project Promoter : R K Agro Industries
Products & Capacity : Fertilizer (132000 TPA)
Project Location : Kurkumbh, Daund, Pune, Maharashtra
Proposed Investment : 417 ( Rs. million )
Project Completion : 2024
Executive Summary : R K Agro Industries is embarking on the construction of a new fertilizer manufacturing plant in Pune, Maharashtra. The plant, with a capacity of 132,000 TPA single super phosphate, 132,000 TPA granulated single super phosphate, and 66,000 TPA sulphuric acid, is scheduled to commence construction in October 2023, concluding in September 2024. The estimated cost for this ambitious project is Rs. 417 million.
Project Promoter : Proto9 Materials Pvt Ltd
Products & Capacity : Fertilizers
Project Location : Corporate Center, Marol Pipeline Road, Andheri-Kurla Road, Andheri (East), Mumbai, Maharashtra
Proposed Investment : 4373.1 ( Rs. million )
Executive Summary : Proto9 Materials Pvt Ltd is undertaking a research and development project for fertilizers in Mumbai, Maharashtra. This unique initiative is centered on sustained or extended drug release within fertilizers, emphasizing innovation rather than commercial use. The estimated cost for this forward-looking project is Rs. 4,373.1 million. Importantly, the project has secured approval from state pollution control authorities as of October 2023, showcasing the company's commitment to environmentally responsible research practices.
Project Promoter : Utkal Phosphates Pvt Ltd
Products & Capacity : SSP & GSSP Fertilizer (1,20,000 MT/A)
Project Location : Paradeep, Jagatsinghpur, Odisha
Proposed Investment : 620.7 ( Rs. million )
Executive Summary : Utkal Phosphates Pvt Ltd is spearheading a substantial project in Paradeep, Odisha, focused on manufacturing Single Super Phosphate (SSP) and Granulated Single Super Phosphate (GSSP) fertilizers. The annual capacity of 120,000 metric tons is estimated to cost Rs. 620.7 million. A significant milestone has been achieved as of November 2023, with the company receiving an investment proposal from the State Level Single Window Clearance Authority (SLSWCA), signaling recognition of the project's economic potential and contributing to the region's fertilizer industry.