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Cabinet Decision on 19 December, 2024 (1) 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