Coal India shares rise 2%, BHEL fall on JV for ammonium nitrate plant
According to the joint statement, Coal India will hold a 51% stake in the joint venture, while BHEL will own 49% shares in the entity.
ammonium nitrate plant
February 2024
Coal India, BHEL to form JV to undertake coal to chemicals biz
The joint venture will set up an ammonium nitrate plant in Odisha through surface coal gasification technology.
