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The OPEC Fund
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  1. Operations
  2. Rehabilitation of Fertilizer Plants Project

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Rehabilitation of Fertilizer Plants Project

India

Borrower India
Financing Type Public Sector
Instrument Project Loan
Focus Area Industry
Approved 18.11.1986
Signed 07.01.1987
Status Completed
Loan Administrator OPEC Fund
Executing Agency Indian Farmers Fertilizer Cooperative (IFFCO)
Co-financiers IDA
OPEC Fund Contribution (US$m) 7.00
Total Project Cost (US$m) 109.20

The project's main objectives are to increase the utilization rates of three existing plants of the IFFCO. This will help India lessen its dependance on fertilizer imports.

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