FCIL was then incorporated in 1961 by the Government of India consolidating several public sector fertilizer units into a single undertaking.
The closed units had huge infrastructure facilities like sizable land bank, residential quarters, office buildings, railway siding, tied up sources of electricity and water which also led to the decision of revival.
Cabinet Committee on Economic Affairs (CCEA) gave in principle approval to examine the feasibility of reviving units of FCIL and HFCL subject to confirmed availability of gas.
[7] In October 2008, CCEA accorded approval to revive FCIL and HFCL units subject to non-recourse to government funding and to consider write-off of government loan & interest to the extent required subject to submission of fully tied up proposal for final decision on waiver.
[8] In August 2011, Government of India decided inter alia awarding individual units to selected parties on a concession basis based on the revival model recommended by ECOS.