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Construction : Project Update | May 2016 | Source : CW-India

New revival plan for Sindri irks locals

The Central Government plans to transfer assets of the closed Sindri fertiliser unit, including 4,000 acre, to the CIL-NTPC JV. The assets will be transferred on a nomination basis to set up a 1.5 mtpa urea plant, along with a captive power plant, at an estimated cost of Rs 6,000 crore. PDIL, which has been entrusted with the task of evaluating the value of the factory┬┤s assets, has estimated the value at Rs 8,200 crore.
 
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