India, Morocco plan joint plant

RABAT: Morocco’s state-owned Office Cherifien de Phosphate (OCP) and the Indian firm KRIBHCO have announced the construction of a new $230 million fertilizer plant in Andhra Pradesh, the media reported on Saturday.

The joint venture will be located in the city of Krishnapatnam and will be able to process up to 1.2 million tons of NPK — Nitrogen, Phosphorus and Potassium — fertilizer, Xinhua news agency reported.