Chandra Mohan Patowary thanks PM Modi for Rs 100 crore grant-in-aid to BVFCL
The Cabinet Committee on Economic Affairs approved grant-in-aid of Rs. 100 crore to the Brahmaputra Valley Fertilizers Corporation Limited (BVFCL) at Namrup, Dibrugarh.
GUWAHATI: The Cabinet Committee on Economic Affairs approved grant-in-aid of Rs. 100 crore to the Brahmaputra Valley Fertilizers Corporation Limited (BVFCL) at Namrup, Dibrugarh. The cabinet meeting which was chaired by Prime Minister Narendra Modi accorded approval to the proposal on Wednesday, stated a release.
Thanking Prime Minister Narendra Modi, Industries and Commerce Minister Chandra Mohan Patowary said, "Union Cabinet has approved grant-in-aid of Rs. 100 crore to BVFCL, Namrup for urgent repairs and maintenance of Unit II and Unit III." The Minister further hoped that the aid will enable BVFCL to sustain operations of its urea manufacturing units.
Industry Minister Patowary has highly welcomed this gesture of Union Government for prompt release of the grant-in-aid of Rs. 100 crore which shall go a long way in giving a fresh lease of life to the ageing units of BVFCL till the new proposed ultra modern Unit IV is constructed and commissioned.
It may be mentioned that Industry Minister Chandra Mohan Patowary along with Finance Minister Himanta Biswa Sarma had met DV Sadananda Gowda, Union Chemicals and Fertilizers Minister, on the BVFCL matter on January 21. Minister Patowary had recently visited BVFCL on January 25 and held a review meeting with CMD and other officials of the Corporation.
With the present annual capacity of 3.9 lakh MT of urea, BVFCL, Namrup is the only urea fertilizer manufacturing company in the eastern zone of the country comprising the States of North East, West Bengal, Odisha and Bihar.