Cabinet approves changes in power, fertiliser policies

Updated on Mar 31, 2017 09:08 PM IST

The said amendment is expected to boost indigenous urea production in the country, an official statement said.

A view of the Parliament building in New Delhi.(HT Photo)
A view of the Parliament building in New Delhi.(HT Photo)
Hindustan Times, New Delhi | ByRaj Kumar Ray

The Union cabinet on Friday approved changes in the power and fertiliser policies to attract higher investment from private players and boost supplies.

The cabinet committee on economic affairs, chaired by Prime Minister Narendra Modi, cleared amendments in the New Urea Policy (NUP) of 2015, to allow production beyond reassessed capacity.

The said amendment is expected to boost indigenous urea production in the country, an official statement said.

The cabinet also approved changes in mega power policy to enable private players to put in competitive bids for power projects.

SHARE THIS ARTICLE ON
SHARE
Story Saved
×
Saved Articles
Following
My Reads
My Offers
Sign out
New Delhi 0C
Friday, October 07, 2022
Start 15 Days Free Trial Subscribe Now
Register Free and get Exciting Deals