National Fertilisers is planning to revive its urea plant at Ramagundam in Andhra Pradesh jointly with Engineers India and Fertiliser Corporation of India. A new spv in which NFL and EIL could have 26 per cent stake each is likely to be floated shortly to execute the project. The urea plant will have an annual capacity of 1.27 million tonne and will run on natural gas. As of September 2013, the project is in the planning stage