India, July 16 -- The National Investment Policy for Urea 2026, approved by the Cabinet on Wednesday, will provide long-term policy certainty and strengthen the country's fertiliser and energy security, Gasification Technologies & Research Council of India (GTRC-India) said.

The policy will encourage new investments in the urea sector to set up gas-based urea manufacturing units in the country.

GTRC-India said the policy mainly targets natural gas-based projects but also opens a pathway to gradually integrate coal gasification into the urea sector.

By introducing a transparent cost framework, assured returns of 12-16 per cent, and protection against foreign exchange volatility, the policy creates a robust investment environment for new...