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 hold a total of 89% equity share with equal partnership, while FCIL and HFCL together have the balance 11% share against their usable assets and land 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 Fertilizer Complexes (Ammonia-Urea) of 2200 MTPD Ammonia and 3850 MTPD Urea at each of the three locations. and simultaneously market their products, thus spurring economic growth in the eastern India.
All three Units located at Gorakhpur, Barauni and Sindri have been commissioned and are under operation. HURL is currently serving 17 states across the country.
HURL is attuned to the sector's transformation. With focus on emerging technology in agriculture and fertilizers, HURL is positioning itself as an environmentally conscious and forward-thinking organization in the fertilizer industry.