Delay in Amendments May Affect More Plants: National Fertilizers
Neeru Abrol, chairman at National Fertilisers talks to NDTV about the strong third quarter earnings and says that the company may see some pressure in Q4, if the outstanding subsidy dues are not cleared by the government soon. The company's Nangal plant has completed its 100 per cent urea production as permissible under the pricing policy and it would be shutdown up to March 31, 2015. He adds that they may have to shut down other plants too if the amendments in the new investment policy doesn't come soon.
