Agritech Limited resumes Urea production

MG News | March 28, 2023 at 10:32 AM GMT+05:00

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March 28, 2023 (MLN): Agritech Limited (PSX: AGL) has resumed the production of Urea as the government restored the gas supply to the company's Urea plant, the company's filing on PSX showed today.

This news has brought relief to the farmers, who were facing a shortage of fertilizers due to the disruption in production at the plant.

To recall, on January 03, 2023, Sui Northern Gas Pipelines Limited (SNGPL) informed the company that RLNG supply at the company's Urea Plant will be suspended from 0000 hrs of January 04, 2023, and will continue until further instructions.

This is in accordance with the Cabinet's ECC decision made on January 03, 2023.

As a result, the company remained unable to produce Urea during this time period and planned to resume plant operations as soon as RLNG supply was restored by SNGPL.

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