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IFFCO awards Rs 300-crore contract to Essar Projects for fertiliser unit

Updated: August 26, 2016 2:50 pm

Indian Farmers Fertilizer Cooperative (IFFCO) has awarded a Rs 300-crore contract to Essar Projects, an engineering procurement & construction (EPC) company, for construction of a new phospho gypsum stack at IFFCO’s Paradip unit in Odisha, which is India’s largest phosphatic fertiliser complex. This is Essar Projects’ fourth major contract from the Indian fertiliser industry giant. The project will be completed in two phases. Phase one, valued at about Rs 190 crore, involves completion of approximately 60 percent of the total construction and must be completed in 20 months. The second phase involves construction of the remaining 40 percent and will have to be completed in 10 months.

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