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Rashtriya reports progress on fertilizer projects in India and Ghana

1:04 PM MDT | September 1, 2013 | Natasha Alperowicz

Rashtriya Chemicals & Fertilizers (RCF; Mumbai), a leading Indian fertilizer  producer,  said it will invest nearly Rs8.5 billion rupees ($129.4 million) towards equity participation in its previously announced coal-based nitrogen fertilizer joint venture at Talcher. RCF’s managing director RG Rajan said the company had been unsuccessful in attracting contractors to submit bids for the complex on a build-own-and-operate basis and had instead decided to award lump-sum turnkey contracts.       The Thalcher project is a joint...

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