Cabinet Decisions Details
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Cabinet Decision on 19 December, 2024 (1)
• Revitalising Brahmaputra Valley Fertilizer Corporation Ltd (BVFCL)
► BVFCL, a Central PSU is engaged in gas-based Urea production in Namrup, Dibrugarh. With changing times its operations and production need to be augmented to meet current requirements
► To revitalise its operations and give it a fresh lease of life, Cabinet has approved an Equity Investment of 40% worth ₹1,272cr in a JV to build Namrup-IV unit
• Increasing Stake in Power Utility Companies
► Cabinet has approved Conversion of Government of Assam Loans and Grants to APDCL, AEGCL and APGCL into Equity in line with the provisions of Indian Government Accounting Standard (IGAS) - 4
► The amounts of outstanding grants and loans to be converted as equity are as per the following
■APDCL: ₹397.39cr
■AEGCL: 19.89cr
■APGCL: 520.38cr
* Modification of Villages under Sonowal Kachari Autonomous Council
► Cabinet has approved modification in the notified list of villages under Sonowal Kachari Autonomous Council to include "Sonowal part" in some of the notified villages