Deepak Fert (IFC-40406)

  • India
Where the impacts of the investment may be experienced.
Specific Location
Taloja, Maharashtra and Panipat, Haryana
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Apr 5, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Deepak Fertilisers and Petrochemicals Corporation Limited
The holder of the loan, grant, or other investment.
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 60.31 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Jun 19, 2019

Disclosed by Bank May 20, 2019

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Project Description

According to the bank website, Deepak Fertilisers and Petrochemicals Corporation Limited and its subsidiaries is an industrial chemicals and fertilizers company engaged in manufacturing and trading of Iso-propyl alcohol (IPA), Nitric Acid, Methanol, Technical Ammonium Nitrate (TAN), compound fertilizers and other chemicals. Smartchem Technologies Limited (“STL”) is a 100% subsidiary of DFPCL. Deepak also plans to expand its ammonia production capacity through Performance Chemiserve Private Limited (“PCPL”), a subsidiary of STL.

Investment Description
  • International Finance Corporation (IFC)
Contact Information

Deepak Fertilisers & Petrochemicals Corporation Limited
Amitabh Bhargava, Chief Financial Officer
Sai Hira, Survey No. 93, Mundhwa Pune, Maharashtra 411 036. India.


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