It is reported that Nagarjuna Fertilizers and Chemicals the flagship company of the Nagarjuna Group said that its board of directors has approved setting up of a bio mining project through investment in Bhavani Bio Organics.

The board has also sanctioned for further investment in the equity share capital of its subsidiary Nagarjuna Oil Corporation.

Reports added that it is the largest private sector investment in the south and the first gas based fertilizer plant in the region. The company primarily deals in urea and sells other fertilizers on a selective basis. It is into manufacturing and supplying of plant nutrients in India.

(Sourced from Iris.com)