Fertiliser major Hindustan Urvarak & Rasayan (HURL) is undertaking a significant expansion plan, investing approximately Rs 30 billion across its three projects in Gorakhpur (UP), Barauni (Bihar), and Sindri (Jharkhand), with the goal of increasing its capacity to 50 lakh tonnes over the next 2-3 years.

Currently, HURL has a total capacity of 38 lakh tonnes across these units and achieved 94 per cent capacity utilisation last year. The combined cost of setting up these units was around Rs 279 billion.

The company has approved a major expansion plan. The board has authorized Rs 2 billion for the establishment of a Nano urea plant with a capacity of 1.5 lakh bottles per day, as an extension of the Gorakhpur unit. This plant will produce a new generation of urea.

Additionally, the company is planning a second expansion, which involves setting up an Ammonium Sulphate plant at the Barauni unit.

This plant will utilize the surplus ammonia available and will be developed in two stages, each with a capacity of 1.5 lakh tonnes.

The first stage will require an investment of Rs 5 billion, while the second stage will need approximately Rs 3 billion, making the total project cost around Rs 8 billion.