As a part of ex­pan­sion strat­egy RCF is plan­ning to un­der­take ma­jor projects

Dalal Street Investment Journal - - COMMUNICATION FEATURE -

Rashtriya Chem­i­cals and Fer­til­iz­ers Limited (RCF) is one of the most revered pub­lic sec­tor in the fer­til­izer sec­tor un­der­tak­ings in India. A Mini Ratna com­pany, it has two man­u­fac­tur­ing units, one at Trom­bay, in Mum­bai – which has com­pleted 50 ex­cel­lent years in the fer­til­iz­ers and chem­i­cals do­main – and the other at Thal in the Raigad district of Ma­ha­rash­tra.

RCF, with proven track record of more than five decades, has con­sis­tently car­ried out re­vamp­ing, mod­i­fi­ca­tion and mod­erni­sa­tion schemes with the twin ob­jec­tives of en­ergy re­duc­tion and en­vi­ron­ment pro­tec­tion. These sus­tained ef­forts have enabled Com­pany to ac­quire high­est stan­dards of prod­uct qual­ity, en­vi­ron­ment and safety.

GO­ING GREEN

As a so­cially re­spon­si­ble com­pany, RCF con­tin­u­ously strives for sus­te­nance of the en­vi­ron­ment, ed­u­ca­tion and wel­fare of the farm­ing com­mu­nity. The ba­sic phi­los­o­phy of three ‘R’s viz. Re­duce, Re­cy­cle and Re­use for sus­tain­able growth is a way of life at RCF. With a clear vi­sion of go­ing green, RCF, way back in 2000, set up a state-of-the-art Sewage Treat­ment Plant (STP) of 5 MGD mu­nic­i­pal sewage treat­ing ca­pac­ity at Trom­bay unit. The end prod­uct from the plant not only made fac­tory op­er­a­tions re­li­able but also made avail­able 3.5 MGD potable wa­ter to the city of Mum­bai. Suc­cess of ex­ist­ing STP and in pur­suit to be­come to­tally self­suf­fi­cient in wa­ter re­quire­ment, Com­pany is in the process of set­ting up an­other STP of iden­ti­cal ca­pac­ity ad­ja­cent to the ex­ist­ing STP plant in part­ner­ship with BPCL Ltd.

De­plet­ing re­serves of fos­sil fu­els and their in­creas­ing us­age is not only a mat­ter of con­cern but has an ad­verse im­pact on cli­mate too. Use of re­new­able source of en­ergy is a vi­able al­ter­na­tive to sus­tain growth in com­ing years.

With a view to har­ness­ing re­new­able en­ergy re­sources, RCF has com­mis­sioned a 2 MWP so­lar power gen­er­a­tion plant at Trom­bay Unit, a 1.2 MWP so­lar plant is be­ing com­mis­sioned at Thal unit. RCF has also set up rooftop PV so­lar power gen­er­at­ing facilities atop its of­fices at Trom­bay, Thal and its mar­ket­ing of­fices at Satara and Ahmed­na­gar.

As a part of ex­pan­sion strat­egy RCF is plan­ning to un­der­take ma­jor projects such as In­stal­la­tion of Gas Tur­bine at Thal & Trom­bay and Joint Ven­ture projects viz Coal Based Fer­til­izer Plant at Talcher & Fer­til­izer pro­ject in Iran, THAL-III ex­pan­sion to name a few.

CSR INI­TIA­TIVES

A host of CSR ac­tiv­i­ties are un­der­taken by the com­pany which in­cludes adop­tion of vil­lages, pro­vid­ing drink­ing wa­ter, pro­vid­ing school­ing facilities and schol­ar­ship, mid-day meal, com­mu­nity med­i­cal fa­cil­ity through Mobile Med­i­cal Vans, spe­cial mea­sures for SC/ST and un­der priv­i­leged, pro­vid­ing train­ing to farm­ers etc. RCF is also un­der­tak­ing a unique pro­gramme named ‘RCF Su­per 30’ un­der which about 30 un­der­priv­i­leged but tal­ented stu­dents of Ma­ha­rash­tra are pro­vided free res­i­den­tial coach­ing of 11 months to en­able them to get ad­mis­sion in IIT/NIT and other pre­mier engi­neer­ing col­leges. With this, RCF is pro­duc­ing en­gi­neers to con­trib­ute and take for­ward the ‘Make in India’ mis­sion.

The Com­pany has achieved a turnover of ₹7223 crore with net profit of ₹179 crore in the FY 2016-17. RCF is com­mit­ted to be an en­vi­ron­ment re­spon­si­ble com­pany.

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