RCF to Invest Rs 865 Cr in New Phosphoric Acid Plant in Maharashtra

• State-owned Rashtriya Chemicals and Fertilizers Ltd (RCF) will invest Rs 865 crore.
• The investment is for a new phosphoric acid plant in Maharashtra.
• The plant will have a proposed capacity of 300 tonnes per day.
• It will be located at Thai Unit, Alibag, Maharashtra.
• The project aims to strengthen RCF's backward integration and will be financed through debt and equity.