PPL signed MOU for an investment of 4000 cr in Odisha

Paradip, : Paradeep Phosphate Limited (PPL), a leading fertilizer manufacturer, aims to be self-sufficient in Fertiliser Production and to improve crop yields, farmer prosperity and soil health. It has accelerated its produce to contribute to GDP, adds to the society with its corporate social responsibility and uses state-ofthe-art techniques to help its core
customers i.e. Farmers. To achieve this, the company will enhance fertilizer production capacity, integrate key raw
materials, and invest in renewable energy and sustainability. PPL will invest Rs 4,000 Cr over five years to increase the Phosphatic Fertiliser Manufacturing capacity in both intermediate and Final Products including Port/Jetty and infrastructure development. This will escalate the employment capacity directly between 100- 150 and indirectly between 700- 1000. Alongside, this strategic investment will increase production capacity, reduce environmental impact, and
contribute to agricultural growth. On the occasion of Utkarsh Odisha Conclave 2025 held at Bhubaneswar, the MOU was
signed between Mr. Hemant Sharma, IAS, Addl. Chief Secretary, Department of Industries, Govt of Odisha and Mr. Suresh Krishnan, MD & CEO, Paradeep Phosphates Limited. Mr. Subhendra Kumar Nayak, Special Secretary, Department of Industries, Mr. Bijoy Kumar Biswal, Chief Financial Officer, PPL and Mr. Sudhi Ranjan Mishra, Head-Corporate Affairs, PPL were Present during the event.