# GAIL, KRIBHCO explore $1.6 billion urea plant in Andhra Pradesh

> GAIL (India) and KRIBHCO signed a pact with the Andhra Pradesh Economic Development Board to explore a urea plant in Mulapeta, Srikakulam district. The proposed facility would produce 1.27 million tons of urea per year at an estimated cost of about 135 billion rupees ($1.6 billion). The state government would provide land, infrastructure and potential incentives.

- Date: 2026-11-12 · published 2026-11-12T21:10:48.878Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/96515-gail-kribhco-explore-1-6-billion-urea-plant-in-andhra-pradesh
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

This is an early-stage exploration agreement, so it adds no near-term urea supply. Over the longer term, new Indian capacity could reduce import dependence and ease pressure on global urea prices.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2025-06-26 | [China to Relax Urea Export Ban, Easing Global Price Pressure - Bloomberg](https://feedsoft.ai/events/24142-china-to-relax-urea-export-ban-easing-global-price-pressure-bloomberg.md) | +5.4% | +11.3% |
| UREA | 2026-05-26 | [China reopens urea exports with $660pt price floor](https://feedsoft.ai/events/19179-china-reopens-urea-exports-with-660pt-price-floor.md) | -19.8% | -31.4% |
| UREA | 2021-06-28 | [State planner investigates fertilizer market, following record urea prices](https://feedsoft.ai/events/46503-state-planner-investigates-fertilizer-market-following-record-urea-prices.md) | +2.9% | +1.2% |
| UREA | 2025-05-12 | [Urea Market Hit by Chinese Export Uncertainty \| CZ app](https://feedsoft.ai/events/24591-urea-market-hit-by-chinese-export-uncertainty-cz-app.md) | -0.4% | -23.4% |
| UREA | 2026-10-28 | [South Korea to Lift Urea Hoarding Ban as Supplies Stabilize](https://feedsoft.ai/events/298-south-korea-to-lift-urea-hoarding-ban-as-supplies-stabilize.md) | -1.3% | — |

## Sources

- economictimes.indiatimes.com: https://economictimes.indiatimes.com/industry/indl-goods/svs/chem-/-fertilisers/gail-kribhco-explore-1-6-billion-urea-plant-in-andhra-pradesh/articleshow/135762835.cms

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.