NFL, RCF sign MOU with IFFCO for tech transfer of nano urea fertiliser
National Fertilisers Limited (NFL) and Rashtriya Chemicals and Fertilisers (RCF) signed a Memorandum of Understanding (MOU) with Indian Farmers Fertiliser Cooperative (IFFCO) for ‘transfer of technology’ of a revolutionary and gamechanger fertiliser nano urea liquid. The storage of nano urea will also be easy for the farmers. Direct financial savings, reduction in transportation cost and better production will increase the income of the farmers. Nano urea will also reduce the import of conventional urea in India. Technology transfer from IFFCO to public sector fertiliser companies will be achieved through these Mous. The technology transfer will ramp up the production leading towards consistent supply resulting in faster adoption and would also result in more savings to farmers and government subsidies. Under these agreements, IFFCO will transfer the technology of Liquid Nano Urea to NFL and RCF. NFL and RCF will establish new nano urea production plants to increase the supply of nano urea to farmers of the country.