NEW DELHI, April 5 - The stage is set for handing over of the Namrup fertilizer plant to the Rashtriya Chemicals and Fertilizers Limited (RCF) with Prime Minister Narendra Modi confirming that a Cabinet note has been circulated.
The Prime Minister�s remarks came at a meeting with Dibrugarh MP Rameshwar Teli, when he called on him here this afternoon.
Teli later told this newspaper that the Prime Minister informed him that RCF will pick up 52 per cent stake, while Oil India Limited (OIL) will have 26 per cent, the Government of Assam 11 per cent and the Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) 11 per cent.
Teli said that he has informed that the Namrup II and III units have been producing fertilizer since 1976 and 1987 respectively. These units are proposed to be closed down with the commissioning of Namrup IV unit of the fertilizer plant.
The MP said that he has requested the Prime Minister to take immediate steps to set up Namrup IV unit for the benefit of farmers. The Prime Minister had earlier announced setting up of the Namrup IV at a cost of Rs 4,400 crore, Teli said.
The MP said that he has further requested the Prime Minister to expedite the establishment of a unit of the Indo-Tibetan Border Police (ITBP) that was sanctioned in 1987 to be based at Dibrugarh.