Reports are coming from Namrup that fertilizer factory BVFCL is to fold operations in the coming days. According to the reports, the fertilizer company situated in Namrup, Assam is staring down the abyss after tuning loss of more than 100 crores in recent years. Therefore, it is speculated that the Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) is likely to be closed in the coming days. The Brahmaputra Valley Fertilizer Corporation Limited is a public-sector undertaking based in Namrup, Assam, currently staring down the abyss. However, BVFCL is the only fertilizer manufacturing company operating in northeast India. Continue reading this article and learn further imperative information about The Brahmaputra Valley Fertilizer Corporation Limited.
BVFCL Namrup News
The fertilizer manufacturing company is facing a similar fate as the Assam’s Nagaon and Cachar-based paper mills faced. The news of Brahmaputra Valley Fertilizer Corporation Limited surfaced during the ongoing monsoon session of parliament discussed the same and revealed the shocking facts about the fertilizer manufacturing unit operating in Assam’s Namrup. Recently, an MP of the Congress party named Gaurav Gogoi questioned the Parliament on the revival of the fertilizer company. Meanwhile, the New and Renewable Energy of India Minister replied to it. Scroll down the page and read what the Minister of State for New and Renewable Energy of India answered to Gaurav Gogoi’s question about Brahmaputra Valley Fertilizer Corporation Limited’s revival.
Bhagwanth Khuba who is the minister of state for New and Renewable fertilizer plants that theNITI Aayog chaired the meeting of the group of officers and recommended the closure of the fertilizer manufacturing company. The meeting also recommended the closure or privatization of other nominal public enterprises. This is why the future of Brahmaputra Valley Fertilizer Corporation Limited has now become clear. The fertilizer company based in Namrup might shut down in the coming days. Scroll down the page and read more details.
However, Prime Minister Narendra Modi announced the setting up of a fourth plant at the Brahmaputra Valley Fertilizer Corporation Limited during his economic analysis for 100 days. In addition, the chief minister of state, Himanta Biswa Sarma had also expressed his eagerness the setting up plans for the fertilizer plant but the fourth plant of the fertilizer factory never came to be. Already the first and second plants of the fertilizing factory have shut down. The third plant which produces 600 to 700 metric tons of fertilizer daily is the only hope to the regional farmers in the darkness.