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Hindustan Urvarak & Rasayan Limited (HURL) was incorporated on 15th June, 2016 as a joint venture company by Coal India Limited (CIL), NTPC Limited (NTPC) and Indian Oil Corporation Limited (IOCL) as the lead promoters with Fertilizer Corporation of India Limited (FCIL) and Hindustan Fertilizer Corporation Limited (HFCL) as other two partners. The three lead promoter companies of HURL namely CIL, NTPC and IOCL are amongst top Maharatna Public Sector Undertaking of the Government of India, belonging to Ministries of Coal, Power and Oil & Natural Gas. These three companies to hold a total of 89% equity share with equal partnership, while FCIL and HFCL shall together have the balance 11% share against their usable assets, opportunity cost and use of land on lease basis at the three plant locations. The prime objective of HURL is to establish and operate state of the art environment friendly and energy efficient Natural Gas based new Fertilizer Complexes (Ammonia-Urea) of 2200 MTPD Ammonia and 3850 MTPD Urea (1.27 MMTPA neem coated urea) at each of the three locations, and simultaneously market their products, thus spurring economic growth in the eastern India. All the three Units located at Gorakhpur, Barauni and Sindri have been commissioned and are under operation. HURL is currently serving to 17 states in the country. HURL is attuned to the sector's significant transformation. With a focus on emerging technology in agriculture and fertilizers, HURL is strategically positioning itself as a forward-thinking and environmentally conscious organisation in the fertilizer industry.
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