Matix Fertilisers - Project Status

	Land - The required land is allocated by WBIDC and possession taken in Panagarh Industrial Park near Durgapur in West Bengal.
	Approvals - All key statutory approvals are in place. The Department of Fertilisers, Government of India has recognized the project implementation for subsidy dispensation.
	Environmental clearance - Received Environment Clearance as well as consent to establish Fertiliser complex.
	Technology - Plant is using latest technology from KBR, USA for Ammonia and Saipem, Italy for Urea.
	Engineering - Basic engineering complete. Detailed engineering at 90% model review stage.
	Procurement - Procurement of all equipment and packages complete. Several equipment already arrived at Site and erection has started.
	Construction - Construction almost 50% complete.
	Feedstock - Executed Firm contract for supply of required CBM gas for 20 years.
	Financing - Achieved financial closure and started drawdown by consortium for reputed banks led by IDBI.
	Organisation - Highly experienced team from industry in place; further recruitment in progress as per schedule.