Lok Sabha Question No. 1578 (UNSTARRED), answered on 2016-07-26
Subject: JV with Foreign Companies
Ministry: CHEMICALS AND FERTILIZERS
Asked by: E. T. MOHAMMED BASHEER

## Annexure

|   S. No. | Joint Venture                                                                                | JV participants                                                                                                            | Product and the Project status                                                                                           | Period of the JV                                                                                                                                                                                                                              |
|----------|----------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        1 | Oman India Fertilizer Company (OMIFCO), Oman                                                 | Oman Oil Co. (OOC), IFFCO & KRIBHCO                                                                                        | Supply of 16.52 lakh MT Urea & 2.48 Lakh MT Ammonia p.a. Production started in the year 2006.                            | The JV was signed on 2 nd April, 1997 and incorporated on 5 th Feb, 1998. No time limit. It is a lifelong agreement.                                                                                                                          |
|        2 | Industries Chimiques du Senegal, ICS Senegal, Senegal                                        | ICS Senegal and IFFCO consortium                                                                                           | Supply of 5.5 lakh MT phosphoric acid annually. Production started in 1984 and the offtake agreement is valid till 2033. | The Phosphoric Acid plant commissioned in the year 1984 and valid till Dec 31, 2033. (Minority Equity-6.78%)                                                                                                                                  |
|        3 | Jordan Phosphate Mines Company (JPMC)- Indian Farmers Fertiliser Cooperative Limited (IFFCO) | Jordan Phosphate Mines Company (JPMC) & IFFCO                                                                              | Supply of 4.8 lakh MT Phosphoric Acid annually. Commercial production started in December 2014.                          | The JV was signed on 1 st Dec 2007 and the company was incorporated on 6 th March, 2008. No time limit. It is a lifelong agreement.                                                                                                           |
|        4 | JV, Jordan Indo Maroc Phosphore (IMACID), Morocco                                            | Office Cherifian des Phosphates (OCP) - Morocco, Chambal Fertilizers and Chemicals Ltd. (CFCL) & Tata Chemicals Ltd. (TCL) | Supply of 4.25 lakh MT phosphoric Acid annually. Production started in 1997-98.                                          | The joint venture was setup on 5 th November, 1997. The Commercial production began in November 1999. In 2005, Chambal and OCP diluted their shareholdings by 16.66% of each in favour of Tata Chemicals Limited. It is a lifelong agreement. |
|        5 | Tunisia-India Fertilizer Company (TIFERT), Tunisia                                           | Groupe Chimique Tunisien ,GCT (Tunisia), CFL (Now CIL) & GSFC (India)                                                      | Supply of 3.60 lakh MT of Phosphoric Acid. Commercial production started in April 2014.                                  | The JV was agreed in the year 2006 and the construction agreements were signed in October, 2008. It is a lifelong agreement.                                                                                                                  |

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