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The Economic Times

Economy / The Economic Times

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Cabinet approves new urea investment policy to set up 8-9 gas-based plants

In a significant move, the Union Cabinet has sanctioned the National Investment Policy for Urea-2026, focused on promoting new gas-based manufacturing plants that will produce up to ten million tonnes of urea. The policy reshapes the previous framework by delineating fixed and variable pricing costs, implementing a return on equity band, and addressing foreign exchange vulnerabilities.

16 Jul 2026 12:14 am