ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Cotton Export Timely Decision

October 25, 1986 budgetary quotations from Kellog of USA and Uhde of West Germany and these quotations also show that the capital cost of each of the projects would be lower by 100 to 110 million dollars if only the government gave up its insistence on Snam Progetti-Haldor Topsoe technology. The World Bank and the ADB are likely to take the same stand as the IFC if they are requested for finance for any of the projects. Though the government is yet to take a decision on the request of one of the companies for permission to invite quotations from other well known engineering companies who possess technology for fertiliser plants such as Stamie Carbon, Toyo, CF Brun and Uhde, it is known that, faced with some of the above-mentioned considerations, none of which in any case could have come as a surprise to those in the government who have been connected with the gas-based fertiliser projects, the weight of opinion within the government, at the level of officials and even the concerned ministers, has swung against the Snam Progetti-Haldor Topsoe combine. It appears that once again only the personal intervention of the Prime Minister will enable Snam Progetti to salvage the situation. In the meantime, no one in the government seems particularly bothered by the fact of the fertiliser projects getting delayed, perhaps because they know that in any case the gas pipeline is unlikely to be completed by 1989 to supply gas to all the projects.

Dear reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top