https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Oil India (OIL) Joins Hands with Assam Government and PSUs to Launch Namrup IV Fertilizer Plant

Assam Valley Fertilizer and Chemical Company Limited Incorporated for Fertilizer Expansion
Indian Masterminds Stories

New Delhi: Oil India Limited (OIL) has taken a significant step towards boosting fertilizer production in Northeast India by forming a new joint venture (JV) to establish the Namrup IV Ammonia-Urea Complex in Assam. The newly incorporated company, Assam Valley Fertilizer and Chemical Company Limited (AVFCCL), marks a collaborative effort between the Government of Assam, OIL, National Fertilizers Limited (NFL), Hindustan Urvarak & Rasayan Limited (HURL), and Brahmaputra Valley Fertilizer Corporation Limited (BVFCL).

Formation of Assam Valley Fertilizer and Chemical Company Limited (AVFCCL)

Incorporated on July 25, AVFCCL is positioned as the driving force behind the modernization and expansion of Assam’s fertilizer infrastructure. This initiative is expected to address the increasing demand for urea in the Northeast region and beyond.

Oil India Limited holds an 18% equity stake in AVFCCL, having subscribed to 18,000 equity shares at Rs 10 each, amounting to an initial investment of Rs 1.8 lakh. The total subscribed capital of AVFCCL stands at Rs 10 lakh, comprising 1,00,000 equity shares.

Read Also: Oil India’s Drilling-HSE Team Wins Top National Awards for Environment and Safety Excellence

Strategic Alignment with National Goals

The joint venture aligns with the Government of India’s broader vision of achieving self-sufficiency in urea production, reducing dependence on imports, and strengthening the nation’s agricultural backbone. The Department of Fertilizers, under the Ministry of Chemicals and Fertilizers, supports this project, emphasizing its significance in bolstering food security.

Economic and Employment Impact

Beyond enhancing fertilizer availability, the Namrup IV Fertilizer Plant is expected to act as a catalyst for economic development in Assam. It will generate employment opportunities and contribute to the industrial growth of the region, reinforcing the state’s role in India’s agricultural and chemical sectors.

A Collaborative Push for Agri-Infrastructure Development

AVFCCL’s establishment is a testament to the growing collaboration between Central and State governments and key Public Sector Undertakings (PSUs) aimed at investing in critical agriculture-related infrastructure. This partnership is poised to enhance fertilizer production capacity, support farmers, and strengthen the country’s self-reliance in essential agricultural inputs.

Read Also: India Energy Week 2025: Oil India Signs MoU with Petrobras to Explore Offshore Hydrocarbon Reserves

About Oil India

Oil India Limited (OIL) is a leading Indian state-owned energy company, holding “Maharatna” status, engaged in the exploration and production of crude oil and natural gas, with a legacy spanning over six decades. It also produces Liquefied Petroleum Gas (LPG) and is involved in the transportation of crude oil and refined petroleum products through pipelines, holding a significant share in the country’s total crude oil and natural gas production.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
ntpc_barh_wins_two_awards (1)
NTPC Barh Wins 2 Prestigious Awards at 15th PRCI Excellence Awards 2025 for Excellence in Communication
NBCC
NBCC Signs Agreement with Goa Government for ₹1,700 Crore Redevelopment Projects
Sanjeev Chaturvedi
Who’s Afraid of Sanjiv Chaturvedi? 15 Judges Step Aside from His Cases
BEML Limited
BEML Shines at 19th Global Communication Conclave 2025, Wins Five Prestigious PRCI Awards
ECI Sadan_ Election
Election Commission of India (ECI) Names 470 IAS, IPS, IRS Officers as Central Observers for Bihar and Other State By-Elections
IAS Rajeev Verma Delhi
Who Is IAS Rajeev Verma? The Officer Appointed as Delhi’s New Chief Secretary, to Take Charge on October 1
NTPC Congratulates Sheetal Devi
NTPC Congratulates Sheetal Devi on Historic Win as India’s First Individual Para Archery World Champion
IAS-IPS
ED Recommends Action Against 10 IAS, IPS Officers in ₹570 Cr Chhattisgarh Coal Scam
ADVERTISEMENT
ADVERTISEMENT
Videos
Siddhartha Saxena UPSC CAPF
How Siddhartha Saxena Cracked UPSC CAPF AIR 326 Against All Odds
Dr. S.K
Technology Meets Ecology: IFS Dr S K Srivastava’s Game-Changing Innovations in Forest Management | Eco Warrior Awards 2025 Interview
IFS Uttam Kumar Sharma Interview
From Extinction to Exhilaration: The Untold Story and Future Vision of Project Cheetah | Led by IFS Uttam Kumar Sharma | Eco Warrior Awards 2025
ADVERTISEMENT
UPSC Stories
Ankit MPPSC 2024 Rank 3
From Village Dreams to Deputy Collector’s Chair: Meet Ankit, MPPSC Rank 3 Hindi Medium Topper
Ankit, a Hindi-medium aspirant from Balaghat, secured Rank 3 in MPPSC 2024 and became Deputy Collector...
Shubham Muchhala MPPSC 2024
9 Years, 6 Interviews, Now Deputy Collector: Meet MPPSC 2024 Hindi Medium Topper Shubham, the Face of Relentless Struggle
After nine years, seven prelims, six mains, and five interview failures, Shubham Muchhala secured MPPSC...
Abhay Daga IPS UPSC Success Story
IIT Graduate, Microsoft Alum, Actor, to Cracking UPSC CSE: The Story of Abhay Daga
Read the inspiring journey of Abhay Daga, an IIT graduate, Microsoft alum, and actor, who cleared UPSC...
Social Media
World Rhino Day India
On World Rhino Day, IFS Officer Parveen Kaswan Shares Rare Insights - India Now Hosts 80% of the World’s One-Horned Rhinos
September 22 Marks Global Call for Rhino Conservation; India Holds 80% of World’s Greater One-Horned...
Parag Madhukar Dhakate
Relentless Rains Wreak Havoc in Dehradun: IFS officer PM Dhakate Warns Citizens Amid Flash Floods
Cloudbursts in Dehradun triggered flash floods. IFS officer Dr. PM Dhakate warned citizens to stay indoors...
Forest Guard Tiger Encounter
Tigers Clash in the Wild as Forest Guards Capture Rare Footage , Retired IFS Mohan Pargaien Posts Viral Video
Retired IFS officer Mohan Pargaien shares viral video of three tigers brawling in Ramnagar, as forest...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
ntpc_barh_wins_two_awards (1)
NTPC Barh Wins 2 Prestigious Awards at 15th PRCI Excellence Awards 2025 for Excellence in Communication
NBCC
NBCC Signs Agreement with Goa Government for ₹1,700 Crore Redevelopment Projects
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Siddhartha Saxena UPSC CAPF
Dr. S.K
IFS Uttam Kumar Sharma Interview
ADVERTISEMENT
ADVERTISEMENT