New Delhi, July 29 -- GAIL (India) Limited and Rashtriya Chemicals and Fertilizers Limited (RCF) have signed a Memorandum of Understanding (MoU) to jointly establish a gas-based fertilizer project with a proposed urea production capacity of 1.27 million metric tonnes per annum (MMTPA) in Maharashtra's Vidarbha region.

The project will be developed through a Special Purpose Vehicle (SPV) and is planned to be located along GAIL's Mumbai-Nagpur-Jharsuguda Natural Gas Pipeline (MNJPL). The partnership aims to combine GAIL's natural gas infrastructure and energy expertise with RCF's experience in fertilizer manufacturing and project execution.

The companies will work together to take the proposed project from conceptualisation to implementat...