The Union Cabinet has approved NIPU-2026, a new urea policy aimed at boosting domestic production under Atmanirbhar Bharat. Key features include a 12-16% RoE band, separation of fixed and variable costs, and forex risk conversion after 4 years, saving Rs 250 crore per plant compared to NIP-2012.
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- ›Policy Name: NIPU-2026
- ›RoE Band: 12% - 16%
- ›Target this Data: Rs 250 crore savings per plant, RoE band 12-16%, 33 urea plants, capacity 269.42 LMT
- ›Target this Nodal Body: Department of Fertilizers (under Ministry of Chemicals and Fertilizers)
- ›Target this Legal Point: NIPU-2026 replaces NIP-2012; investment window ended Oct 2019
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