Talcher Fertilizers Limited a Joint Venture Company (JVC) promoted by GAIL, CIL, RCF and FCIL was formed to revive FCIL’s Talcher fertilizer unit in the Angul district of Odisha. Currently each of GAIL, RCF and CIL holds 31.85% in this JVC and FCIL's stake is 4.45%. The company plans to produce approx. 1.26 MMTPA of urea using coal as feedstock. The plant shall employ coal gasification technology for production of urea with an estimated cost of more than INR 13,270 crore. M/s PDIL is assisting TFL for this project. The project is targeted for completion by 2023-24.