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Hindustan Fertilizer Corporation Limited (HFCL)

1.      Hindustan Fertilizer Corporation Limited (HFCL)  emerged as a separate company following reorganization of the erstwhile FCIL and NFL group of companies in early 1978.   The newly formed Corporation under its ambit of control got the operating Units at Durgapur (W. Bengal), Barauni (Bihar) and Namrup.  A fertilizer –cum – chemical project at Haldia (W. Bengal) was also annexed to HFCL.  Namrup Unit has been demerged from HFCL and formed into a new Company, namely, Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) w.e.f. 01.04.2002.  

2.      The Govt. of India declared closure of plants HFCL in September, 2002 and majority of its employees were released under VSS.  HFCL, at present has three closed plants, one each at Barauni in Bihar and Durgapur and Haldia in West Bengal.  Presently, HFCL has only 1 regular employee on roll.

3.      The Company was declared sick and was referred to BIFR in the year 1992. In view of the continuing losses of the company, stemming from technical and financial viability of operations, the Government decided to close down HFCL Plants in September 2002. Consequently, a Voluntary Separation Scheme (VSS) was offered to all its employees. All the employees, who opted for VSS have since been released, except 1 employee  who  is engaged in discharging statutory obligations, including safety & security of properties/assets of the various units of the Company. 

4.       Considering the shortage of domestic production of urea for meeting the growing demand in the country and availability of well-developed infrastructure in various closed units of the Company, the Cabinet decided in April 2007 to consider the feasibility of reviving the fertilizer Units of HFCL. 

5.      On 13.7.2016, Cabinet approved revival of Barauni Unit of HFCL along with Sindri & Gorakhpur Units of FCIL on ‘nomination basis’ by a Joint Venture of CIL, NTPC, IOCL, FCIL & HFCL to  set up a gas based Ammonia-Urea plant of 1.27 Million Metric Tons Per Annum.

Accordingly, Barauni Unit of HFCL is being revived by M/s. Hindustan Urvarak & Rasayan Limited (HURL), a JV of CIL, NTPC, IOCL, FCIL & HFCL. HURL has started construction of plant at Barauni Project.  Concession Agreements as well as Lease Deeds have been signed between HFCL & HURL for Barauni Project.  Substitution Agreement for Barauni has been signed amongst HFCL, HURL & Lenders’ Representative.

Construction of the projecthas been completed.  Commercial production of the Plant has been started w.e.f.                             13th November, 2022.


The Financial Performance of the Company during the last two  years is as under:


Financial Year

Authorised Capital

Paid-up Capital


Total Income


before Tax


after Tax