Visakhapatnam, Nov. 12 -- GAIL (India) Limited on Thursday signed a Memorandum of Understanding (MoU) with Krishak Bharati Cooperative Limited (KRIBHCO) to explore the possibility of setting up a gas-based fertiliser project in Andhra Pradesh, according to a statement by the company.

The MoU was signed by GAIL Executive Director (Business Development, Start-up & R&D) Sanjay Agarwal and KRIBHCO Executive Director (Technical) C.S. Azad, in the presence of KRIBHCO Chairman V. Sudhakar Chowdary, Managing Director S.S. Yadav and GAIL Director (Business Development) R.K. Singhal.

"The urea production facility is envisaged to have a capacity of 1.27 Million Metric Tons Per Annum (MMTPA) in Mulapeta, Srikakulam district of Andhra Pradesh along ...