New Delhi: State-run National Fertilizers Limited (NFL) said that it has achieved record fertilizer sales of 50 lakh MT (metric ton), as on February 19, for the current financial year (FY2019-20). The company said that for the first time in the history of the company, the total fertilizer sale of NFL has crossed 50 lakh MT. So far, NFL has registered the highest-ever sale of 49 Lakh MT in 2018-19 and that too was for the full year.
The news was shared by NFL's Chairman & Managing Director (CMD) Manoj Mishra while addressing employees of Nangal Unit at a function held at Naya Nangal Club. The CMD, Directors and senior officers from the corporate office were on a visit to the unit for quarterly review meeting (QRM) of Nangal.
"We have surpassed our own best-ever sales record even when we have almost 40 days to complete the financial year 2019-20": NFL's CMD Manoj Mishra
While speaking on the occasion, Mishra said, "We have surpassed our own best-ever sales record even when we have almost 40 days to complete the financial year 2019-20. So, I congratulate all of you on hitting this half-century." During the visit, the CMD and Directors reviewed the performance of the unit in QRM. They also took a round of the plant and observed the progress of the Energy Saving Project of Nangal. Mishra also visited the research and development (R&D) farm of NFL's Nangal unit and was elated to see the bumper crop of certified wheat seeds in the farm.
National Fertilizers Limited (NFL) is a Miniratna PSU under the Ministry of Chemicals and Fertilizers. NFL is a state-owned producer of chemical fertilizers, organic fertilizers and industrial chemicals. NFL, incorporated in 1974, is India's largest Central Public Sector Enterprise in Fertilizer Sector with a turnover of over Rs 75 billion. Coming under the administrative control of the Ministry of Chemicals and Fertilizers, it is the second-largest producer of the key fertilizer Urea in India. NFL has five gas-based ammonia-urea plants, viz Nangal and Bathinda in Punjab, Panipat in Haryana and two at Vijaipur (Madhya Pradesh).