Cabinet approves MoU on urea manufacturing plant in Malaysia

New Delhi May 3 (IANS) The Union Cabinet chaired by Prime Minister narendra Modi on Wednesday gave its ex-post facto approval to signing of MoU with Malaysia on development of a urea and ammonia manufacturing plant in the southeast Asian country.

According to an official press release the project is expected to cost $2.1 billion with capacity to produce 2.4 million tonnes of urea and 1.35 million tonnes of ammonia per annum with provision of dedicated supply to Indian market.

--IANS
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