GAIL (India) Limited signed a Memorandum of Understanding (MoU) with Krishak Bharati Cooperative Limited (KRIBHCO) on 12th November 2026 in Visakhapatnam to explore the opportunity of setting up a gas-based fertilizer project in Andhra Pradesh.
The urea production facility is envisaged to have a capacity of 1.27 Million Metric Tons Per Annum (MMTPA) and will be located in Mulapeta, Srikakulam district of Andhra Pradesh along GAIL's Srikakulam Angul Natural Gas Pipeline (SAPL). Both companies have agreed to implement the project through Joint Venture mode.
The MoU was formally signed by Shri Sanjay Agarwal, ED (BD, Start-up & R&D) of GAIL and Shri C.S. Azad, Executive Director (Technical) of KRIBHCO. The signing ceremony was witnessed by Shri V Sudhakar Chowdary (Chairman, KRIBHCO), Shri S.S. Yadav (Managing Director, KRIBHCO), and Shri R.K. Singhal (Director - Business Development, GAIL).
Shri V Sudhakar Chowdary stated that the MoU marks the beginning of a strategic partnership between GAIL and KRIBHCO, combining KRIBHCO's experience with GAIL's leadership in the natural gas sector. Shri R.K. Singhal described the project as representing a strategic integration of India's gas and fertiliser value chains and demonstrating GAIL's commitment to supporting sustainable industrial and agricultural growth.
The disclosure was filed with both National Stock Exchange of India Limited and BSE Limited through a letter signed by Deepak Asija, Company Secretary of GAIL (India) Limited, on 12th November 2026 at 17:24:19 IST.