Paradeep plans Rs 4,750 crore chemical and fertilizer expansion
PARADEEP · price
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Paradeep Phosphates signed an agreement with the Odisha government to invest Rs 4,750 crore over the coming years in a new chemical plant and a bio-fertilizer facility. The plan also aims to improve farm productivity and create jobs. The completion schedule, funding plan and expected financial returns were not disclosed.
The plan could expand capacity and support future growth, but investment terms, timelines and returns were not disclosed, creating execution risk.