Deepak Fertilisers' arm signs two Gas Purchase agreements with GAIL (India)

04 Sep 2023 Evaluate

Deepak Fertilisers and Petrochemicals Corporation's material subsidiary -- Performance Chemiserve has signed two Gas Purchase agreements with GAIL (India). With these agreements, Company’s total Gas requirements for the next three years have been tied up with a gas basket consisting of a combination of Brent, HH & domestic linked, to give a risk-mitigated basket.

The HH index linked contract is for supply of 10.15 million MMBTU of Natural Gas (NG) over an approximately 3 years period. The gas contract is for the supply of 5.82 million MMBTU of Natural Gas (NG) over an approximately 3-year period. 

Deepak Fertilisers and Petrochemicals Corporation (DFPCL) is among India’s leading producers of fertilisers and industrial chemicals.

Deepak Fert & Petro Share Price

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Company Name CMP
National Fertilizers 116.45
Coromandel Interntl. 1855.30
Chambal Fert & Chem 502.95
RCF 170.65
Paradeep Phosphates 110.65
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