(a) the amount spent by the Government on setting up of fertilizers plants abroad
during the last three years;
(b) the extent of success achieved by the Government in this regard; and
(c) the details of plants which have become operational and their present status?
THE MINISTER OF CHEMICALS AND FERTILIZERS & MINISTER OF STEEL ( SHRI RAM VILAS PASWAN )
(a) to (c) : No expenditure has been incurred by the Government for setting up of fertilizer
plants abroad during the last 3 years. However, IFFCO and KRIBHCO, two
fertilizer cooperatives in the country along with Oman Oil Company are setting up
a joint venture urea project in Oman at an estimated cost of US $ 969 million with
equity participation of US $ 80 million each by IFFCO and KRIBHCO. The
project has commenced implementation on 15.8.2002 and is scheduled to be
commissioned in 35 months i.e by 15.7.2005.