Friday, February 16, 2007

Sick fertiliser units to get Rs 1k crore | FE

FE reports
Board for Reconstruction of Public Sector Enterprises (BRPSE) has given its nod to revive closed fertiliser units of Fertiliser Corporation of India (FCI) and Hindustan Fertiliser Corporation (HFC).

The proposal will be forwarded to the Cabinet within a fortnight. A senior official at the Department of Fertilisers (DOF), however, said efforts would be made to bring back eight plants of the two companies through public sector participation if the present plan does not work. Expression of interest would also be invited from private sector players, he added.

No comments: