Annual Report 2013-14 Government of India Ministry of Chemicals and Fertilizers Department of Fertilizers Canada 3.3.9 A delegation of M/s ENCANTO visited Department of Fertilizers on 11th & 12th June 2013 and met Secretary (F). On these dates, meetings were also held with RCF led consortium. As outcome of these meetings, a draft of Principle terms and purchase and sales agreement was initiated between RCF (on behalf of Indian consortium) and M/s ENCANTO to finalize the Draft Off-Take Agreement. An aggregate off-take of 1.8 million tonne per annum MOP has been mentioned in the Draft Agreement. A copy of the draft agreement has been sent by RCF to Indian consortium to members for their review and necessary action. In this connection, a meeting held on 2nd July 2013 under the Chairmanship of Secretary(F) with the RCF led consortium to discuss the draft agreement initiated by RCF (on behalf of consortium) and M/s ENCANTO. The members of the consortium were requested to intimate the details of commitment of off-take quantity. The RCF led consortium has requested Department for approval before signing of the off-take agreement with M/s ENCANTO.
Posted on: Wed, 17 Sep 2014 00:20:40 +0000
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