Oil & Natural Gas Corporation (ONGC) reportedly to set up a Rs 50bn urea manufacturing unit in North Tripura district in joint venture with a private company.
According to reports, Khobal has been selected as the site for the project considering its proximity to Khobal gas field from where natural gas (hydrocarbon) would be supplied.
The commissioning of the project will not only help meet Tripura’s demand but also the urea requirement of the entire North-East region. Besides, fertilisers could also be exported to neighbouring Bangladesh, reported added.