ONGC to Set up Gas-Based Fertilizer Plant in Tripura

State-owned Oil and Natural Gas Corporation (ONGC) will set up a Rs 5,000 crore, gas-based fertilizer plant in Tripura to meet the growing shortage of urea, the most commonly used soil manure in the northeastern region.

The plant would be a joint venture with the Tripura government and a fertilizer company. ONGC has already sought "expression of interest" from companies with relevant experience and track record to be a partner in the proposed project.

The Maharatna Company has found huge deposits of natural gas at its Khubal structure, 145 km northeast of Agartala along the Assam-Agartala national highway (NH-44). Gas from the wells there would be supplied to the proposed plant.

ONGC is now commissioning its Rs 5,000 crore, 726 MW thermal power plant in the northeastern region at southern Tripura's Palatana, 60 km from Agartala. It is the company's first mega commercial project, which would start generating power by May this year.