Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) has contracted Toyo Engineering India Private Limited to install a new 480 MTPD (163,200 MTPA) Ammonium Nitrate – II plant on an LEPC basis. This project utilizes process technology and licensing from Spain-based INCRO, S.A. The size of the order is about Rs. 360 crore.

By adopting INCRO technology, GNFC will expand its existing production capacity by approximately 94%. This strategic investment strengthens our domestic market presence, supports the "Make in India" initiative, and reinforces our commitment to environmental conservation through modernized downstream operations.