RCF gets in-principle approval for ₹865.25 Crore Phosphoric Acid Plant at Thai Unit
RCF's Board has approved a new 300 MTPD Phosphoric Acid Plant at its Thai Unit. The project requires an investment of approximately ₹865.25 Crore, funded by debt and equity. This move aims to enhance backward integration. The plant is expected to be operational within 24 months of the Letter of Intent.
The capacity addition and investment, while significant, are for a single plant and are part of a backward integration strategy, which is likely to have a medium-term impact on the company's operations and financials.
The company has received in-principle approval for a significant capacity addition and investment, which is a positive development for its business expansion and backward integration strategy.
Rashtriya Chemicals and Fertilizers Limited (RCF) announced that its Board of Directors, in a meeting held on February 12, 2026, has granted in-principle approval for the establishment of a new Phosphoric Acid Plant. This plant is proposed to have a capacity of 300 Metric Tonnes Per Day (MTPD), based on a 100% P2O5 basis.
The new facility will be located at the company's Thai Unit in Alibag, Maharashtra. The estimated investment required for this project is approximately ₹865.25 Crore. The financing for this expansion will be a combination of debt and equity.
The primary rationale behind setting up this plant is to strengthen the company's backward integration capabilities. The proposed capacity is expected to be added within 24 months from the issuance of the Letter of Intent. The Board meeting commenced at 12:15 pm and concluded later the same day.
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