<p>Briefing reporters, RCF Chairman & Managing Director R G Rajan said after stake sale, the government’s holding could fall by 12.5-17.5 per cent from 92.5 per cent. He declined to comment on the exact quantum of money to be raised. <br /><br />He said RCF has undertaken Thal plant revamp to augment its capacity from 1.7 to 2 million tonne of Urea. He said phase I implementation is over, while phase II is expected to be completed by November this year. RCF is working for expansion of Thal unit by setting up an ammonia-urea stream for producing 1.15 million mt of additional urea.</p>
<p>Briefing reporters, RCF Chairman & Managing Director R G Rajan said after stake sale, the government’s holding could fall by 12.5-17.5 per cent from 92.5 per cent. He declined to comment on the exact quantum of money to be raised. <br /><br />He said RCF has undertaken Thal plant revamp to augment its capacity from 1.7 to 2 million tonne of Urea. He said phase I implementation is over, while phase II is expected to be completed by November this year. RCF is working for expansion of Thal unit by setting up an ammonia-urea stream for producing 1.15 million mt of additional urea.</p>
