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Oil India announces incorporation of JV - Assam Valley Fertilizer and Chemical Company
Oil India announces incorporation of JV - Assam Valley Fertilizer and Chemical Company

Business Standard

time28-07-2025

  • Business
  • Business Standard

Oil India announces incorporation of JV - Assam Valley Fertilizer and Chemical Company

Oil India announced that in terms of Joint Venture Agreement executed between Government of Assam (GoA), Oil India, National Fertilizers, Hindustan Urvarak & Rasayan and Brahmaputra Valley Fertilizer Corporation, a Joint Venture Company in the name of Assam Valley Fertilizer and Chemical Company (AVFCCL) has been incorporated. Oil India has a 18% stake in the JV. AVFCCL has been incorporated for setting up of a new Ammonia-Urea Complex Namrup IV Fertilizer Plant at Namrup, Assam.

Brownfield ammonia-urea complex in Assam incorporated as company
Brownfield ammonia-urea complex in Assam incorporated as company

Time of India

time26-07-2025

  • Business
  • Time of India

Brownfield ammonia-urea complex in Assam incorporated as company

The Assam Valley Fertilizer and Chemical Company Limited (AVFCCL), a new brownfield ammonia-urea complex within the existing fertiliser corporation in Namrup, has been incorporated as a company, Chief Minister Himanta Biswa Sarma said on Saturday. Sharing on social media the certificate of incorporation issued by the Ministry of Corporate Affairs on Friday, he said the new entity has been incorporated as a joint venture (JV) company between government of Assam and other partners. Explore courses from Top Institutes in Please select course: Select a Course Category Operations Management Others Product Management MBA healthcare Digital Marketing Project Management Data Science Technology Data Science Finance Design Thinking Degree others Healthcare PGDM Artificial Intelligence MCA Leadership Cybersecurity Management Data Analytics Public Policy CXO Skills you'll gain: Quality Management & Lean Six Sigma Analytical Tools Supply Chain Management & Strategies Service Operations Management Duration: 10 Months IIM Lucknow IIML Executive Programme in Strategic Operations Management & Supply Chain Analytics Starts on Jan 27, 2024 Get Details "A new beginning. Pleased to share that the Assam Valley Fertilizer And Chemical Company Limited (AVFCCL), has been incorporated as a JV company of Govt of Assam and other partners," he said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 17 Foods That Should Never Be Placed in the Refrigerator Car Novels Undo "This company will power up and realise the dream of the Ammonia Urea Complex in Namrup, which was announced by the Govt of India," he added. The chief minister said this new entity will play a key role in taking forward Assam's ambitions of being one of the top five states of the country. Live Events The new brownfield complex within the existing premises of Brahmaputra Valley Fertilizer Corporation Limited (BVFCL), Namrup, was approved by the Union Cabinet in March this year. Sarma had earlier stated that work on it will commence by December.

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