RCF Approves Rs 514 Crore Order For Ammonia Plant Revamp

Rashtriya Chemicals and Fertilisers Limited on Thursday approved a purchase order with Topsoe A/s. The order, valued at Rs 514 crore, includes the procurement of a basic engineering design package and the supply of proprietary equipment and catalyst, as per an exchange filing.

This order aims to revamp the ammonia plant at RCF Thal in Maharashtra, targeting a reduction in specific energy consumption.

Shares of Rashtriya Chemicals and Fertilisers Ltd. closed 1.40% higher at Rs 222.86 per share, as compared with a 0.03% decline in the NSE Nifty 50.