PM Modi Unveils Rs 10,601-Cr Fertiliser Plant in Assam; Boosts NE Economy

• PM Modi laid the foundation stone for a Rs 10,601-crore brownfield ammonia-urea plant in Dibrugarh, Assam.
• The facility, Assam Valley Fertiliser and Chemical Company Ltd (AVFCCL), will have an annual urea production capacity of 12.7 lakh metric tonnes and is scheduled for commissioning in 2030.
• AVFCCL is a joint venture among the Assam government, Oil India, National Fertilisers Ltd (NFL), Hindustan Urvarak & Rasayan Ltd (HURL), and Brahmaputra Valley Fertiliser Corp Ltd (BVFCL).
• The project aims to meet fertiliser requirements for the Northeast, West Bengal, Bihar, Jharkhand, and eastern Uttar Pradesh.
• It is expected to act as a major catalyst for industrial growth, employment generation, and regional economic development.

Why It Matters: New Rs 10,601-Cr fertiliser plant in Assam to boost regional economy, employment, and fertiliser security.