With no new capacity addition during the last 2 decades , India is now a urea deficit market where it produces 24 Mn MT against demand of 32 Mn MT. With a view to bridge this gap & government's favorable New Investment Policy, Chambal is setting up a 1.34 MTPA Brownfield ammoniaurea plant at Gadepan, Rajasthan at a capex of USD 917 Mn of which USD 711 Mn will be funded through debt, is expected to commission by January 2019. With this expansion, existing capacity of Urea will increase from 2.01 MTPA to 3.35 MTPA, further strengthening Chambal's leadership position in the industry. Long-term gas supply contract with GAIL - Ensure availability of gas for existing and new unit Company has entered into a long term natural gas purchase agreement with GAIL for supply of 24,955 bn British Thermal Units annually. The supply of gas will commence on April 1, 2018 and will last for nine years . The gas can also be used in existing plants...