The Board of Directors of Rashtriya Chemicals and Fertilizers Limited (RCF) granted in-principle approval for establishing a new Phosphoric Acid Plant at its Thal Unit. The proposed plant will have a capacity of 300 MTPD on a P2O5 basis. The required investment is estimated at approximately ₹865.25 Crore, to be financed through a combination of debt and equity, supporting the company’s backward integration strategy.
Key Expansion Project Approved by RCF Board
Rashtriya Chemicals and Fertilizers Limited (RCF) announced that its Board of Directors, in a meeting held on February 12, 2026, has provided in-principle approval for a significant capacity expansion at its Thal Unit. The core of this expansion is the setup of a new Phosphoric Acid Plant.
Project Details and Investment
The crucial specifics of the proposed capacity addition are detailed below, highlighting the strategic nature of this investment:
- Proposed Capacity Addition: 300 MTPD (Metric Tonnes Per Day), calculated on a 100% P2O5 basis.
- Estimated Investment: Approximately ₹865.25 Crore.
- Financing Mode: The project will be funded through a Combination of debt and equity.
- Location: The plant will be situated at the Thal Unit, Alibag, Maharashtra.
Timeline and Strategic Rationale
The timeline for the execution of this project is directly tied to the Letter of Intent. The company anticipates that the proposed capacity will be added within 24 months from the receipt of the Letter of Intent. The primary Rationale driving this development is to strategically strengthen the Company’s backward integration capabilities, ensuring greater control and efficiency in its production chain.
The Board meeting where this approval was granted commenced at 12:15 pm and concluded at 3:15 pm on the day of the announcement.
Source: BSE
