Cabinet Approves National Investment Policy for Urea-2026 (NIPU-2026) to Boost Domestic Production
| Category | Details |
|---|---|
| Policy Name | National Investment Policy for Urea-2026 (NIPU-2026) |
| Approval Authority | Cabinet Committee on Economic Affairs (CCEA) |
| Objective | Promote investment in gas-based urea manufacturing, reduce import dependency, enhance transparency in project economics, and boost domestic production self-sufficiency. |
| Key Focus Areas | - New gas-based urea plants using energy-efficient tech - Separation of fixed & variable costs for transparency - Structured RoE mechanism (12% floor, 16% ceiling) - Reduction in currency risk (fixed costs converted to INR after 4 years) |