India, July 30 -- 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 in Maharashtra through a Special Purpose Vehicle (SPV).

The proposed urea production facility, with a planned capacity of 1.27 million metric tonnes per annum (MMTPA), is expected to be set up in the Vidarbha region along GAIL's Mumbai-Nagpur-Jharsuguda Natural Gas Pipeline (MNJPL).

Under the agreement, GAIL and RCF will work together to take the project from the conceptual stage through to implementation, combining their respective expertise in natural gas infrastructure and fertilizer manufacturing.

The MoU was signed by Sanjay Agarwal, Executi...