MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF CHEMICALS & FERTILIZERS AND MINISTER
OF STATE (I/C) IN THE MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION (SHRI SRIKANT KUMAR JENA)
(a): The details of closed/sick fertilizer units in the country are as under:
Name of PSU Name of the closed/ Status sick Unit
Fertilizer Corporation Sindri closed
of India Limited (FCIL) Gorakhpur -do- Talcher -do- Ramagundam -do- Korba never commissioned
Hindustan Fertilizer Barauni closed
Corporation Limited (HFCL) Haldia never commissioned Durgapur closed
Madras Fertilizers Limited (MFL)Manali, Chennai. sick
Brahmaputra Valley Fertilizers Namrup-I closed
Corporation Ltd.
Fertilizers and Chemicals Ammonia-Urea plant, Cochin closed
Travancore Limited (FACT)
(b): The valuation of scrap of machineries and equipments lying in closed units of FCIL and
HFCL along with the value of land has been done by M/s Project & Development India Limited
(PDIL), a Central Public Sector Enterprise, under the administrative control of Department of
Fertilizers and the valuation has been certified by a Government Registered valuer. The details
are given in Annexure-I.
Besides the above, the estimated scrap value of the Namrup-I plant of Brahmaputra valley
Fertilizer Corporation Limited (BVFCL), which is lying closed, is estimated at Rs. 14.80
crores adopting the ‘Market Value’ basis of valuation by M/s RBSA Valuation Advisor, a
certified Government Valuer. The estimated present value of land of Namrup-I possessed by
BVFCL is Rs. 21.20 crores.
The scrap of machineries and equipments of the closed Ammonia-Urea plant at Fertilizers and
Chemicals Travancore Limited (FACT) Cochin Division has been valued by M/s Engineers India
Ltd. at Rs.26.29 crores, however the Board had felt that the valued assessed by EIL was
undervalued and hence the value was not accepted.
(c) & (d): Yes, Madam. Government contemplates gainful utilization of the land and assets
lying idle by setting up new urea plants.
As per decision of the Government in 2002, all the fertilizer units of FCIL and HFCL were
closed and majority of the employees were released on Voluntary Separation Scheme (VSS) and
remaining few employees are being paid regular salary.
(e) & (f): There is a proposal to revive all the eight closed urea units of FCIL and HFCL,
out of which three units of FCIL are proposed to be revived on nomination basis. The remaining
five units shall be revived through bidding route in which international firms can also
participate.
