Reliance gas helps save Rs 4760 cr in fertilizer subsidy

Mukesh Ambani-controlled Reliance Industries’ eastern offshore KG-D6 gas has helped fertilizer companies bring down cost of urea production by 18 per cent and has helped save about Rs 4,760 crore in fertilizer subsidy.
According to the Fertilizer Industry Coordination Committee (FICC), the average provisional cost for urea production in 2009 has come down from Rs 13,509 [...]