New Delhi: Dr. Siba Prasad Mohanty, the esteemed Managing Director of Hindustan Urvarak & Rasayan Limited (HURL), has been appointed as the first Managing Director of the newly formed Assam Valley Fertilizer and Chemical Company Ltd (AVFCCL). This significant appointment, effective immediately, places a seasoned and respected leader at the helm of a crucial joint venture poised to revitalize the fertilizer sector in Northeast India.
AVFCCL is a collaborative effort between the Government of Assam, Oil India Limited (OIL), National Fertilizers Limited (NFL), HURL, and Brahmaputra Valley Fertilizer Corporation Limited (BVFCL). The company’s primary focus will be on the development and operation of the high-priority Namrup IV Ammonia-Urea Complex in Namrup, Assam. The project is seen as a key step towards achieving national self-reliance in fertilizer production.
Dr. Mohanty brings over 36 years of expertise in India’s fertilizer and agri-input sector. His career is marked by a series of successful turnarounds and transformative initiatives at various public sector undertakings.
HURL: As the current MD, he has led one of post-liberalization India’s largest fertilizer revival missions, overseeing the successful commissioning and operation of three state-of-the-art urea plants at Gorakhpur, Sindri, and Barauni.
BVFCL: During his tenure as Chairman and Managing Director, he was instrumental in the remarkable revival of the organization after a decade of operational and financial stagnation.
HIL (India) Ltd.: As Director (Marketing) and later as CMD, he achieved a record 50% increase in turnover and spearheaded significant product diversification.
Dr. Mohanty’s leadership is expected to be pivotal in laying the initial groundwork for AVFCCL. His proven track record in project execution and strategic management makes him the ideal choice to spearhead the Namrup IV project.
The appointment underscores the confidence placed in his ability to drive growth and operational excellence, ensuring the project’s success and its role in boosting agricultural productivity in the region.