Question : EXPENDITURE ON SETTING UP OF FERTILIZER PLANTS

(a) the total expenditure incurred on the setting up of fertilizer plants in foreign countries during the last three years, country-wise; and

(b) the extent to which the Government have achieved success in this regard and the names of the plants which have started operating?

Answer given by the minister

MINISTER OF STATE IN THE MINISTRY OF CHEMICALS AND FERTILIZERS (SHRI S.B. MOOKHERJEE)

(a) The total expenditure incurred during the last 3 years on setting up of fertilizer plants in foreign countries, country-wise, is as follows :-

Sl.
No.	Name of the	Country	Indian	Expenditure incurred/	Company/	Partner/	Investment made by	Project	Sponsor	Indian Sponsors from	1998-99 to 2000-01	(Rs.)
1.	SPIC Fertilizer and	UAE	SPIC	126.09 Crore	Chemical Ltd.

2.	Oman India Fertilizer Company	OMAN	IFFCO-KRIBHCO 24.21 Crore

3.	India-Iran Joint Ventures	IRAN	IFFCO-KRIBHCO 0.38 Crore	Project

(b) There is no Government investment in any of these projects. SPICâ€™s plant has achieved an overall progress of 57%. Most of the major project agreements of the project of Oman have been finalised and initialled. The project at Iran is on preliminary stage of consideration and has so far not been posed to the Government for investment approval.

None of these plants have started operating yet.

Question : EXPENDITURE ON SETTING UP OF FERTILIZER PLANTS

Answer given by the minister

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