The Business Bytes
TBB BUREAU
NEW DELHI, JUNE 6, 2021
Leading fertiliser cooperative major Indian Farmers Fertiliser Cooperative Ltd (IFFCO) on Sunday said that it has started commercial production of nano urea liquid and dispatched the first consignment to Uttar Pradesh.
Priced at Rs 240 per bottle, the nano urea liquid is 10 per cent cheaper than the cost of a bag of conventional urea.
It is a patented technology of IFFCO developed at its Nano Biotechnology Research Center, Gujarat.
“IFFCO Nano Urea is a product of the 21st century and it is the need of hour to keep the environment soil, air and water, safe for future generations while securing food for all,” IFFCO Vice Chairman Dilip Shangani said in a statement on the occasion of the World Environment Day.
According to IFFCO, the process of construction of nano urea plants at Kalol (in Gujarat) and Aonla and Phulpur (in Uttar Pradesh) has already been initiated.
In the Phase-I, the annual production capacity of 14 crore bottles is being installed which would be ramped to additional 18 crore bottles in the PhaseII by the year 2023, it said.
