The company on Monday said its indigenously developed ‘Nano Urea’ is in liquid form and is priced at Rs 240 per 500 ml. It is 10 per cent cheaper than the per bag price of conventional urea.
Nano Urea Liquid has been developed indigenously at IFFCO’s Nano Biotechnology Research Center (NBRC) at Kalol, Gujarat.
Nano Urea will be procured through IFFCO’s e-commerce platform ‘www.iffcobazar.in’ (www.iffcobazar.in) as well as through its cooperative sales and marketing arrangements.
Nano Urea was introduced at the 50th Annual General Meeting of IFFCO here. The meeting was conducted both directly and online.
Bhartiya Kisan Fertilizer Cooperative Limited (IFFCO) said in a statement, “IFFCO Nano Urea Liquid will be affordable to the farmers and will be effective in increasing the income of the farmers. A 500 ml bottle of Nano Urea will equal at least one sack of conventional urea. Hence, it will reduce the cost to the farmers.
It said that the production of nano urea will start from June this year and its commercial production will start soon thereafter.
Highlighting the benefits of the new product, IFFCO said that it is a robust solution for plant nutrition which reduces the excessive use of urea and makes the crops stronger and healthier.
Nano urea has been developed in place of conventional urea and can reduce the requirement of conventional urea by at least 50 per cent. It states that the nitrogen available in it is equal to the nitrogen nutrient effect of a bag of conventional urea.
In addition, the new product will help reduce soil, water and air pollution, apart from helping to reduce the problem of atmospheric warming, as it is being introduced in Batal.
According to IFFCO, nano urea has been recognized under the Fertilizer Control Order of the government after conducting field trials on 43 crops under the National Agricultural Research System (NARS), 20 ICAR research institutes, state agricultural universities and Krishi Vigyan Kendras.
To test its effectiveness, field trials were conducted by about 11,000 farmers on more than 94 crops across India. With its use, an average increase of eight percent was observed in the yield of the crop.