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National Fertilizers

2021-10-11T02:48:25Z

103.86.19.92: Updated the top Indian fertilizer sources

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{{COI|date=April 2017}}
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{{EngvarB|date=February 2017}}
{{Use dmy dates|date=February 2017}}
{{Infobox company
| name = National Fertilizers Limited
| logo = National Fertilizers Logo.svg
| logo_size = 150px
| type = [[Government of India|Government Corporation]]
| traded_as = {{BSE|523630}} {{NSE|NFL}}
| foundation = {{Start date|df=yes|1974|08|23}}
| location_city = [[Noida]]
| location_country = [[India]]
| location =
| locations =
| predecessor =
| successor =
| defunct = 
| fate =
| area_served =
| key_people = Virendra Nath Datt ([[Chairman]] & [[Managing director|MD]])
| industry = [[Agrochemical]]
| genre = 
| products = [[Urea]] [[Ammonia]] [[Organic fertiliser]]s [[industrial chemicals]]
| services =
| revenue = {{increase}}{{INRConvert|12301.05|c}} (2019) <ref name="Balance Sheet 2019">[http://nationalfertilizers.com/images/pdf/investorsdesk/NFLAnnual_Report_45.pdf "Balance Sheet 31.03.2019"].</ref>
| operating_income = {{increase}}{{INRConvert|779.73|c}} (2019)<ref name="Balance Sheet 2019"/>
| profit = {{increase}}{{INRConvert|298.45|c}} (2019)<ref name="Balance Sheet 2019"/>
| assets = {{increase}}{{INRConvert|13912.15|c}} (2019)<ref name="Balance Sheet 2019"/>
| equity = {{increase}}{{INRConvert|2219.02|c}} (2019)<ref name="Balance Sheet 2019"/>
| owner = [[Government of India]] (74.71%)
| num_employees = 3333 (March 2019)
| parent = [[Ministry of Chemicals and Fertilizers]], [[Government of India]]
| divisions =
| subsid =
| footnotes =
| intl =
| caption =
| homepage = {{URL|www.nationalfertilizers.com}}
}}

'''National Fertilizers Limited''' (NFL) is [[Government of India|government corporation]] that manufactures [[chemical]] fertilizers, organic [[fertilizers]] and industrial chemicals. It is under the [[ownership]] of [[Ministry of Chemicals and Fertilizers]], [[Government of India]]. As of 2018, it was the second largest producer of fertilizers in India.<ref>{{Cite web|date=2021-09-20|title=Top 10 Best Fertilizer Company in India|url=https://www.gosearchdirectory.com/top-fertilizer-company-in-india-398|access-date=2021-10-11|website=Go Search Directory|language=en}}</ref><ref name="rpt2018">{{cite web |title=Annual report 2018 |url=http://nationalfertilizers.com/index.php?option=com_content&view=article&id=167&Itemid=169&lang=en |website=NFL Official website |publisher=National fertilizers limited |access-date=7 March 2019}}</ref>

NFL, incorporated in 1974 is India's largest [[Government of India|Central Public Sector Unit]] in [[Fertilizer]] Sector with a turnover of over Rs. 75 billion. Coming under the administrative control of [[Ministry of Chemicals and Fertilizers]], it is the largest producer of the key fertiliser [[urea]] in India. NFL has five gas-based ammonia-urea plants viz Nangal and Bathinda in Punjab, Panipat in Haryana and two at Vijaipur (Madhya Pradesh).

== History ==
NFL was established in 23 August 1974, as a [[public-sector undertaking]] of the [[Government of India]].

NFL initially operated two plants in [[Bathinda]] and [[Panipat]]. In 1978, the ownership and operations of the [[Nangal]] plant of FCI was transferred to NFL.

The Govt. of India, in 1984, entrusted the company to execute the country's first inland gas based fertiliser project of 726,000 tonnes urea capacity in District Guna of Madhya Pradesh, and commercial production started from 1 July 1988. The company built and commissioned its [[Vijaipur]] plant in [[Guna district]] of [[Madhya Pradesh|Madhya]]<nowiki/>capacity was doubled to 1.45 million tonnes in 1997.

NFL was granted the Mini-[[Navratna]] status with additional autonomy due to its profitable operations.

In 2001, the company went public, with listings on the [[Bombay Stock Exchange]] and the [[National Stock Exchange of India|National Stock Exchange]].<ref name=bse-523630>{{cite web|url=http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=523630|title=National Fertilizers Ltd.|publisher=Bombay Stock Exchange|access-date=23 August 2011}}</ref>

=== Industrial and business operations ===
[[File:NFL Vijaipur Unit.jpg|320x180px|thumbnail|right|Vijapur Unit 2 as seen from [[prilling tower]]]]
NFL has five gas-based urea plants viz Nangal and Bathinda in Punjab, Panipat in Haryana and two at Vijaipur (Madhya Pradesh). The plants at Panipat, Bathinda and Nangal have recently been converted from fuel oil feedstock to natural gas. Vijaipur plants have also been revamped for energy saving and capacity enhancement.{{cn|date=March 2021}}

===Products===

NFL is engaged in manufacturing and marketing of urea, Neem-coated urea, bio-fertilizers (solid and liquid) and other allied industrial products like [[ammonia]], [[nitric acid]], [[ammonium nitrate]], [[sodium nitrite]], [[sodium nitrate]] etc.

The value-added Neem-coated urea developed by NFL and widely recognized for its effectiveness is being produced at its three units at Panipat, Bathinda and Vijaipur. NFL is the first company in India to be permitted by the Government of India to produce and market Neem-coated urea.

NFL manufactures and markets three types of Bio-Fertilizers namely [[Rhizobium]], [[Phosphate solubilizing bacteria|Phosphate Solubilizing Bacteria]] (PSB) and [[Azotobacter]]. Starting with a mere 23 MT production in 1995–96, the production has risen to 231 MT (Approx) in 2010–11.

===Business===

The company is also doing trading business in various agro-inputs like certified quality seeds, compost / [[Vermicompost]] manure, agrochemicals like [[Insecticides]] / [[Herbicides]], Bentonite Sulphur etc. Company is also taking up initiative for setting up of Single Super Phosphate (SSP), [[Heavy water]], Bentonite Sulphur plants etc.

===Marketing===

The company's marketing network comprises central marketing office at NOIDA, Four zonal offices at Bhopal, Lucknow and Chandigarh and Hyderabad, 14 state offices and 39 area offices spread across the country.

===Future projects===
An agreement for a joint venture company "Ramagundam Fertilizers And Chemicals Limited" has been signed on 14 January 2015 between National Fertilizers Limited, [[Engineers India Limited]] (EIL) and FCIL for setting up new ammonia and urea plants of 2200 MT per day and 3850 MT per day capacity respectively at the existing site of Ramagundam Fertilizer Plant in District. Ramagundam in Telangana. As per this joint venture agreement, NFL shall provide commissioning, operation, maintenance and marketing services to the joint venture company and EIL shall provide Engineering, Procurement and Construction Management (EPCM) Consultancy Services for the project. The total capital expenditure of 50 billion is being funded in Debt:Equity of 70:30 percentage. NFL and EIL are contributing equity of 26% each and 11% is from FCIL. The balance equity is in the process of being tied up.<ref>http://www.nationalfertilizers.com/index.php?option=com_content&view=article&id=335</ref>
The company also has a joint venture (33.33% share) “Urvarak Videsh Limited” with M/s. KRIBHCO and RCF as promoters. The main objective of the joint venture company is to explore investment opportunity abroad and within the country in nitrogenous, phosphatic and potassic sectors and to render consultancy services for setting up projects in India and abroad.

====Consultancy====
NFL is well known{{cn|date=March 2021}} for taking up assignments in India and abroad in the fields of:

* commissioning activities of plant/ equipment
* heavy equipment erection supervision
* complete operation of chemical plants on a continuous basis
* overall maintenance of plants; specialised maintenance and repair services/shutdown/turn around jobs
* special maintenance and repair services for rotatory equipment, like pumps, compressors, turbines etc.
* energy audits leading to energy savings safety audit services
* design and monitoring of environment protection systems
* NDT, corrosion and RLA services
* laboratory services
* training of technical manpower in operation maintenance and safety management
* consultancy in project management

====Assignments taken abroad====

Assistance in checking the operability and maintainability of PETROBRAS

Fertilizer Plant in Brazil and training of Specialist Welders.

Assistance in operation and maintenance of Ammonia and Methanol Complex of Gulf
Petrochemical Industries Co., Bahrain.

Assistance in operation and maintenance of Ammonia Plant of NAPETCO, Libya
through UNIDO.

==Performance==

===Production===

The percentage share of NFL in urea production in the country was 14.2% during 2012–13. The company produced 3211,000 tonnes of urea, which includes 10.83 LMT of Neem-coated urea. 448 MT of bio-fertilizers (solid and liquid) was produced during the year.

===Sales and marketing===

During 2012–13, company sold 31.62 LMT of urea (including 10.92 LMT of Neem-coated urea). Industrial products of worth ` 956.3 million and Bio-Fertilizers (liquid and solid) of` 36.5 million were sold during 2012–13. Turnover of traded Agri products (compost, seeds, Bentonite sulphur and pesticides) was ` 300.8 million.

===Financial===

The company, during 2012–13, achieved a sales turnover of ` 67.47 billion (previous year ` 73.41 billion). The lower turnover was primarily due to lower urea production as all the units were under shutdown for hooking up and commissioning activities of the projects. The loss before tax was ` 2306.2 million (previous year profit `1842.0 million) and loss after tax was ` 1707.3 million (previous year profit `1267.3 million). The main reasons for loss were due to the following:

1) Lower production / sale because of shut-downs taken for commissioning of urea capacity enhancement projects at Vijaipur and changeover of feedstock from Fuel-oil to natural gas at Nangal, Bathinda and Panipat Units.

2) Decrease in sale and contribution of industrial products due to non-availability of cheaper ammonia, non-availability of gases, Sulphur and Argon gas at three Fuel-oil based Units post commissioning.

3) Provision for purchase tax liability pertaining to previous years.

4) Higher interest expenditure mainly due to delay in receipt of subsidy.

Some of the major strategic issues affecting the profitability of the company include:

1) Non-allocation of domestic gas for operation of FO-based plants converted on natural gas at Panipat, Bathinda and Nangal Units.

2) Non-revision of concessional price for existing capacity of urea by updation of fixed cost in NPS-III.

3) Timely release of urea subsidy from GoI.{{cn|date=March 2021}}

== References ==
{{reflist}}

{{Public Sector Undertakings in India}}
{{Ministry of Chemicals and Fertilizers (India)}}

{{authority control}}

[[Category:Chemical companies of India]]
[[Category:Rupnagar]]
[[Category:Panipat]]
[[Category:Government-owned companies of India]]
[[Category:Fertilizer companies of India]]
[[Category:Companies based in Noida]]
[[Category:Indian companies established in 1974]]
[[Category:1974 establishments in Uttar Pradesh]]
[[Category:Chemical companies established in 1974]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Fertilizer Corporation of India

2021-10-11T02:46:11Z

103.86.19.92: /* References */ Add sources with other Indian fertilizer corporations

{{EngvarB|date=February 2017}}
{{Use dmy dates|date=February 2017}}
{{notability|Companies|date=April 2013}}

{{Infobox company
| name = Fertilizer Corporation of India
| logo =
| caption =
| type = [[Government of India|Government Corporation]]
| traded_as =
| genre = 
| fate =
| predecessor =
| successor =
| foundation = {{Start date|1961}}
| founder =
| defunct = 
| location_city = [[Noida]]
| location_country = [[India]]
| location =
| locations =
| area_served =
| key_people =
| industry =
| products = [[Fertilizers]]
| services =
| revenue =
| operating_income =
| net_income =
| aum = 
| assets =
| equity =
| owner = [[Ministry of Chemicals and Fertilizers]], [[Government of India]]
| num_employees =
| parent =
| divisions =
| subsid =
| homepage = {{URL|fertcorpindia.nic.in/}}
| footnotes =
| intl =
}}
'''Fertilizer Corporation of India ''' is a [[Government of India|government owned fertilizer manufacturer]]<ref name="Laxmikanth">{{cite book|last=Laxmikanth|title=Public Administration|url=https://books.google.com/books?id=_K7t-Nc4iykC&pg=PA447|access-date=18 May 2013|publisher=Tata McGraw-Hill Education|isbn=9781259063190|pages=447–}}</ref> in [[India]]. It is under the [[ownership]] of the [[Ministry of Chemicals and Fertilizers]] , [[Government of India]].<ref>{{cite web|url=http://www.fertcorpindia.nic.in/profile.html |title=Profile |publisher=Fertcorpindia.nic.in |access-date=3 May 2013}}</ref> It began in 1961 when Indian government consolidated several state run fertiliser companies into a single SBU.<ref name="GuptaGupta2006">{{cite book|last1=Gupta|first1=Kulwant Rai|last2=Gupta|first2=Amita|title=Concise Encyclopaedia of India|url=https://books.google.com/books?id=D7l6meDg1ksC&pg=PA488|access-date=18 May 2013|date=1 January 2006|publisher=Atlantic Publishers & Dist|isbn=9788126906383|pages=488–}}</ref> FCI has manufacturing units in five states: Sindri complex ([[Jharkhand]]), Gorakhpur complex ([[Uttar Pradesh]]), [[Ramagundam]] complex ([[Telangana]]), [[Talcher]] complex ([[Odisha]]) and an un-commissioned project in Korba ([[Chhattisgarh]]). The organisation was declared "sick" in 1992 and in 2002 the government of India initiated actions to close it.<ref name="GuptaGupta2006"/> It has been seeking to restart operations and as of May 2010 had received initial approvals of a government loan forgiveness plan which would allow operations to restart in five of its units.<ref name="TOI">{{cite news|url=http://articles.timesofindia.indiatimes.com/2013-05-11/ranchi/39185733_1_closed-fertilizer-units-revival-proposal-fcil|archive-url=https://web.archive.org/web/20140202155907/http://articles.timesofindia.indiatimes.com/2013-05-11/ranchi/39185733_1_closed-fertilizer-units-revival-proposal-fcil|url-status=dead|archive-date=2 February 2014|title=Fertilizer unit clears hurdle on revival road|date=11 May 2013|work=[[The Times of India]]|access-date=18 May 2013}}</ref>

In 1978, FCIL was re-organised and five separate entities were formed – FCIL, [[National Fertilizers|National Fertilizers Limited]] (NFL), Hindustan Fertilizer Corporation Limited (HFCL), [[Rashtriya Chemicals & Fertilizers]] (RCF) and [[Projects and Development India Limited]] (PDIL) – (earlier the technology and development wing known as P & D). In the mid 1990s, FCI employed around 28,000 people and was one of the largest public-sector companies in India.<ref name="DayalZachariah1996">{{cite book|last1=Dayal|first1=Raghubir|last2=Zachariah|first2=Peter|last3=Rajpal|first3=Kireet|title=Management information and electronic support system|url=https://books.google.com/books?id=1ZFO8XMJuwgC&pg=PA281|access-date=18 May 2013|year=1996|publisher=Mittal Publications|isbn=9788170996521|pages=281–}}</ref>

Apart from these manufacturing units, there were nine gypsum-producing units under Fertilizer Corporation of India Limited<ref>{{Cite web|date=2021-09-20|title=Listed at top 10 best fertilizer company in India|url=https://www.gosearchdirectory.com/top-fertilizer-company-in-india-398|url-status=live|access-date=2021-10-11|website=|language=en}}</ref> operating through another division, the Jodhpur Mining Organization – now renamed [[FCI Aravali Gypsum and Minerals (India) Limited|FCI Aravali Gypsum and Minerals India Limited]] (FAGMIL). Under the Sick Industrial Companies (Special Provisions) Act 1985, the [[Board for Industrial and Financial Reconstruction]] (BIFR) declared the Fertilizer Corporation of India Limited sick in 1992. Within the next decade, the Indian government concluded that all fertilizer production units of FCIL except Jodhpur Mining Organization were incurring heavy losses and decided to close FCIL. However, the main reasons for the loss incurred by FCIL were higher incidence of interest, higher input costs especially the power tariffs by the concerned State Electricity Boards and the associated raw materials, and higher consumption which was not reimbursed by the FICC.

The main products of Fertilizer Corporation of India Limited were Ammonia, Urea, Nitric Acid, Ammonium Bicarbonate, Gypsum, and Ammonium Nitrate in varied forms such as Prill, Flake, and Melt.<ref>{{Cite web|url=http://business.mapsofindia.com/national-fertilizers/public/corporation-india.html#sthash.Zvcc7IS7.dpuf|title=Fertilizer Corporation of India Limited, Products, Manufacturing Units|website=business.mapsofindia.com|access-date=7 February 2017}}</ref>

== Revival ==
Considering the shortage of domestic production of Urea in meeting the overall domestic demand of Urea, the Cabinet decided in April 2007 to consider the feasibility of reviving the Fertilizer Corporation of India. Subsequently, Cabinet constituted an Empowered Committee of Secretaries (ECOS) on 30 October 2008 to consider various options of revival and further approved 'in principle' to consider waiver of GOI Loan & Interest, in case of availability of a viable revival proposal. After detailed study and recommendations for a revival option, ECOS on 24 August 2009 selected a suitable Revival Model and recommended the same for seeking the approval of GoI.

As on date, three entities have been formed to revive the following units:

a. Talcher Fertilizers Limited: GAIL + RCF + CIL + FCIL ([[GAIL]]: Gas Authority of India Ltd, RCF: [[Rashtriya Chemicals & Fertilizers]], CIL: [[Coal India]])

b. Ramagundam Fertilizers & Chemicals Limited: NFL + EIL +FCIL (NFL: [[National Fertilizers]], EIL: [[Engineers India]])

c. Hindustan Urvarak & Rasayan Limited: IOCL + NTPC + CIL + FCIL & HFCL (IOCL: [[Indian Oil Corporation]], NTPC: [[National Thermal Power Corporation]]), CIL: [[Coal India]].

TFL Talcher is setting up a Coal gasification-based fertilizer complex.

RFCL Ramagundam is setting up a natural-gas-based fertilizer complex.

HURL is setting up three gas-based fertilizer units in Sindri, Gorakhpur and Barauni.

==References==
{{Reflist}}{{Ministry of Chemicals and Fertilizers (India)}}{{authority control}}

[[Category:Government-owned companies of India]]
[[Category:Fertilizer companies of India]]
[[Category:Indian companies established in 1961]]