Ghorasal Fertiliser Factory to go into production by 2023
Sunday, 16 October 2022
The country's largest fertiliser factory, Ghorasal Polash Urea Fertiliser Factory, is expected to go into production by the end of 2023, reports BSS.
Mitsubishi Heavy Industries Limited (MHI) and China National Chemical Engineering No 7 Construction Co Ltd (CC-7) are jointly constructing the factory, which would have an annual production capacity of 0.92 million toones.
Bangladesh Chemical Industries Corporation (BCIC) under the Industries Ministry is implanting the project at a cost of around Tk 155.02 billion (15,500.21 crore).
Out of the total project cost, Tk 458.02 billion (4,580.21 crore) comes from the government exchequer while Tk 109.20 billion (10,920 crore) from Japan Bank for International Cooperation (JBIC), Bank of Tokyo-Mitsubishi UFG Limited (MUFG) and the Hongkong and Shanghai Banking Corporation Limited (HSBC) as commercial loan.
Talking to the news agency, Industries Secretary Zakia Sultana said after completion of the construction of Ghorasal Polash Urea Fertiliser Factory, it will be the largest factory in the country's industrial sector.
"Through implementation of the project, BCIC will get the opportunity to play a more significant role in the country's development. Moreover, the project will change the living standard of the local people. The project will create huge employment opportunities," she added.
She informed that the new factory will be "modern, sophisticated, energy efficient and green" fertiliser factory in the country which will help the country reduce the import of urea fertiliser and save hard-earned foreign currency.
She mentioned that Bangladesh may not require importing urea fertiliser from 2025 as the government is conducting feasibility study for two more fertiliser factories.
Project Director of the Ghorashal-Polash Urea Fertiliser Project Md Rajiour Rahman Mollick said that the government has a plan to produce some 2,800 tonnes of granular urea a day in Ghorasal Polash Urea Fertiliser Factory, which is being constructed at the place of the existing two fertiliser factories - Urea Fertiliser Factory Limited (UFFL) and Polash Urea Fertiliser Factory Limited (PUFFL).
As per the government plan, he said, the production capacity per day will be about three times higher than that of the existing two fertiliser factories.
Explaining further the environmental issues, he said it is the first fertiliser factory in Bangladesh where the environmental pollutant Carbon-Di-Oxide (CO2) will be captured from the primary reformer flue gas and the production of urea fertiliser will be increased (about 10pc ) by using the captured CO2.