Brahmaputra Valley Fertilizer Corporation Limited (BVFCL), a public sector undertaking of Union fertilisers department and based in Namrup, government of Assam and Oil India Limited (OIL) is planning to set up a new ammonia-urea complex in Namrup in Dibrugarh district of Assam. The project cost is estimated at Rs. 45000 million and the plant will have a capacity of 8.64 lakh metric tonnes. The Cabinet also approved the financial restructuring of BVFCL by waiving off entire cumulative interest accrued on government of India loans and conversion of government of India loans as interest free loan
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