IFFCO has now visualized a comprehensive plan titled ‘Vision-2015’ which is presently
under implementation.
IFFCO has made strategic investments in several joint ventures. Godavari Fertilisers and
Chemicals Ltd (GFCL) & Indian Potash Ltd (IPL) in India, Industries Chimiques du
Senegal (ICS) in Senegal and Oman India Fertiliser Company (OMIFCO) in Oman are
important fertiliser joint ventures. As part of strategic diversification, IFFCO has entered
into several key sectors. IFFCO-Tokio General Insurance Ltd (ITGI) is a foray into
general insurance sector. Through ITGI, IFFCO has formulated new services of benefit to
farmers. 'Sankat Haran Bima Yojana' provides free insurance cover to farmers along with
each bag of IFFCO fertiliser purchased. To take the benefits of emerging concepts like
agricultural commodity trading, IFFCO has taken equity in National Commodity and
Derivative Exchange (NCDEX) and National Collateral Management Services Ltd
(NCMSL). IFFCO Chattisgarh Power Ltd (ICPL) which is under implementation is yet
another foray to move into core area of power. IFFCO is also behind several other
companies with the sole intention of benefitting farmers.
At IFFCO, the thirst for ever improving the services to farmers and member co-
operatives is insatiable, commitment to quality is insurmountable and harnessing of
mother earths' bounty to drive hunger away from India in an ecologically sustainable
manner is the prime mission. All that IFFCO cherishes in exchange is an everlasting
smile on the face of Indian Farmer who form the moving spirit behind this mision.
IFFCO, to day, is a leading player in India's fertiliser industry and is making substantial
contribution to the efforts of Indian Government to increase foodgrain production in the
country.
To serve the cause of IFFCO’s mission as stated in the mission document available on the
homepage of IFFCO. To make strategic use of IFFCO’s website to promote the mission
of the organisation to improve the welfare of Indian farmers Provide information on all
aspects of IFFCO to visitors from both within and outside the country
Provide latest and reliable information and extend other services to all those actively
involved in the development of Indian agriculture and rural development
MANAGEMENT
The Representative General Body ( RGB) which is the General Body forms the supreme
body that guides the various activities of IFFCO. The RGB consists of : 1. Members of
the Board of Directors.
2. One delegate from each of the Member Societies holding shares of the value of Rs.100
thousand and above; such delegate shall be as per the provisions of the Multi-State
Cooperative Societies Act/Rules as amended from time to time;
The Board of Directors of IFFCO carry out all functions as specified under the Multi-
state Cooperative Societies Act/Rules. The Board of Directors frame policies, direct the
various activities of the Society, and under take any other activities conducive to overall
growth and development of Societies. The Board is headed by the Chairman.
The Managing Director is the Chief Executive of the organisation with responsibilities
for general conduct, supervision and management of day to day business and affairs of
IFFCO. These directors are assisted by Functional Directors & Senior Executives who
are experts in various desciplines.
Board of Directors
IFFCO Awards...
About Fertilisers
Biofertilisers are capable of fixing atmospheric nitrogen when suitable crops are
inoculated with them. Biofertilisers are low cost, effective, environmental friendly and
renewable source of plant nutrients to supplement fertilisers. Integration of chemical, org!
~ac and biological sources of plant nutrie~ts and their manageíent is necessary for
maintaining coil health for sustainable agriculture. The bacterial organisms present in the
biofertiliser7either fix atmospheric nitrogen or solubilise insoluble forms of soil
phosphate. The range of nitrogen fixed per ha/year varies from crop to crop; it is 80 - 85
kg for cow pea, 50 - 60 kg for groundnut, 20 - 90 kg for soybean !nd 50 - 55 kg f/r
moongbean.
ヘ
Prices of IFFCO's Ferti|isers
The Concept of Co-operation The strength of co-opmrati6e movement emanates from its
ability to empower people who are individually Weak and often helpless. The spirit of
co-operatéons encourag%s peopda to come together on the basis of equality to achieve
their economic interests. Voluntary association of individuals is the important aspect"of
any co-operative endeavour. Equality is assured tï all the individuals involved in an
unselfish atmosphere. The goal is to achieve the`common economic interewts of the
group of individuals whO have Come together for the purpose. ccording to the
Committee on comoperation in India((Mclagan committeg) " the theory of co-operation
is very brigfly, that an isolated and powerless individual can be in associavion wyth
others ald by moral development and mutual support obtain, in his-degrem, the material
advantageó available to wealthy or powerful person, ajd there by develop himself to the
ftllest extent of his natural abilitier. By the union of forces, material advancement is
secured and by united qction self-relhance is fostered, and it is grom the interaction
of`these influences that it is hoped to attain the effective realisation of the higher and
more prosperous standards of life which has been characterised as ' better business, better
farming and better living".
The basic characteristics which are common to all the co-operative endeavours are
defined under principles of cooperation. They provide the framework within which all the
co-operative bodies operate with some variations.
The Board of Directors in the year 1993, while approving IFFCO Cash Award on
Cooperation for the years 1990-1991 & 1991--1992 to the Best Cooperators, inter-alia
approved that in addition to the “Best Cooperator Award”, “IFFCO Sahakarita Bandhu
Award” may also be instituted from the year 1993-94. The amount of both the Awards
namely “IFFCO Cash Award on Cooperation to the Best Cooperator”, (ii) “IFFCO
Sahakarita Bandhu Award”, was fixed at Rs.51,000/- each from the year 1993-94 to be
presented every year. In the year 1997 the Board of Directors decided that the name of
the Best Cooperator Award should be changed to “Sahakarita Ratna Award”. In the year
2000 it was decided that the amount for each award be increased from Rs.51,000/- to
Rs.1,01,000/-.
As per the laid down procedure for inviting recommendations for the Awards, a letter is
addressed to all the State Cooperative Unions, IFFCO Directors and NCUI requesting
them to recommend the names of two nominees for the each award. The
recommendations so received are placed before the Sub-Group on Awards of the Board
of Directors for Screening of nominations of Cooperators. The recommendation of the
Sub-Group of the Award are placed before the Board of Directors for their consideration
and approval. The Awards are presented to the Awardees on the occasion of Jawaharlal
Nehru Memorial IFFCO Lecture which is organised generally during Cooperative Week
i.e. November 14-20 every year.
The "Sahakarita Ratna" Award for the year 2007-08 was conferred on Shri Shivpal Singh
Yadav from Uttar Pradesh. The honour of “Sahakarita Bandhu” Award for the year 2006-
07 was conferred on Dr S.S. Sisodia (Postumous) of Madhya Pradesh. RECIPIENTS OF
"SAHAKARITA RATNA" AWARD
S. No. Year Name of the Person Date of Presentation
1 1982-83 Shri Vrajlal Balubhai Patel, Gujarat 14.11.1984
2 1983-84 Shri Tribhuvandas K. Patel, Gujarat 03.09.1986
3 1984-85 Shri K.H. Patil, Karnataka 03.09.1986
4 1985-86 Shri Atmarambhai Maganlal Patel, Gujarat 16.11.1987
5 1986-87 Shri Fateh Singh Rana, Uttar Pradesh 16.11.1987
6 1987-88 Shri Anand Narayan Mushran, Madhya 14.11.1988
Pradesh
7 1988-89 Shri Nawab Singh Yadav, Uttar Pradesh 28.12.1990
8 1989-90 Shri Narayanarao Rajaramji Kale, 14.11.1992
Maharashtra
9 1990-91 Shri Dwarkadas M. Patel, Gujarat 30.11.1994
10 1991-92 Shri B. Narayana Nayak, Karnataka 30.11.1994
11 1993-94 Shri P.S. Guruva Reddy , Andhra Pradesh 30.11.1994
12 1994-95 Smt.Kamla, Rajasthan 14.11.1996
13 1995-96 Shri Samar Pal Singh, Uttar Pradesh 14.11.1996
14 1996-97 Shri Shantubhai C. Patel, Gujarat 02.07.1998
15 1997-98 Dr.R.C. Dwivedi, New Delhi 16.11.1998
16 1998-99 Shri Pannalal Maji, West Bengal 19.11.1999
17 1999-00 Shri R.M. Patil, Karnataka 17.11.2000
18 2000-01 Shri Raj Kumar Tripathi, Uttar Pradesh 20.11.2002
19 2001-02 Shri Ram Niwas Mirdha, Jaipur 20.11.2002
20 2002-03 Sh.Jogesh Chandra Rout, Orissa 21.11.2003
21 2003-04 Late Sh.Jatinder Dev (Posthumously) Jammu 18-11-2004
& Kashmir
22 2004-05 Shri Varanasi Subraya Bhat , Karnataka 16-11-2005
23 2005-06 Shri Shankarrao Genuji Kolhe, Maharashtra 14-11-2006
24 2006-07 Shri Ashok Bandyopadhyay, West Bengal 20-11-2007
25 2007-08 Shri Shivpal Singh Yadav 20-11-2008
26 2008-09 Shri Bhikhabhai Zaverbhai Patel 16-11-2009
RECIPIENTS OF SAHAKARITA BANDHU AWARD
S. No. Year Name of the Person Date of Presentation
1 1993-94 Shri Veer Pal Singh, Uttar Pradesh 30.11.1994
2 1994-95 Shri Shivaji Rao G. Patil, New Delhi 14.11.1996
3 1995-96 Dr.(Miss) Amrita Patel, Gujarat 14.11.1996
4 1996-97 Shri Nathi Singh, Rajasthan 02.07.1998
5 1997-98 Shri Y.P. Nishad, Bihar 16.11.1998
6 1998-99 Shri Baldev Singh Rupana, Punjab 19.11.1999
7 1998-99 Shri K.N. Nehru, Tamil Nadu 19.11.1999
8 1999-00 Shri Karan Singh, Delhi 17.11.2000
9 2000-01 Shri Amrutbhai Nayak, Gujarat 20.11.2002
10 2001-02 Shri M.C. Nanaiah, Karnataka 20.11.2002
11 2002-03 Shri B.L. Bhatt, Rajasthan 21.11.2003
12 2003-04 Shri Nitinbhai P. Dhankecha, Gujarat 18.11.2004
13 2004-05 Shri Jairambhai A. Patel , Gujarat 16-11-2005
14 2005-06 Shri Jagneswar, Orissa 14-11-2006
15 2006-07 Shri U.S Singhdev, Chhatisgarh 20-11-2007
16 2007-08 Dr S.S. Sisodia (Posthumous) 20-11-2008
17 2008-09 Shri Kasturi Lal Makkar 16-11-2009
Jawaharlal Nehru Memorial IFFCO Lectures
The Cooperative Movement in India is a legacy of India’s first Prime Minister Pandit
Jawaharlal Nehru who had an immeasurable contribution in promoting and propagating
the concept of “Cooperation” in India. He was a firm believer of Cooperative
Philosophy. He visualized cooperatives as a powerful means for bringing about the
socio-economic transformation in the Country. His vision on the “Cooperation” made
him one of the greatest cooperative thinkers of his times. The philosophy propagated by
him still holds good in modern times as well. In order to commemorate his cooperative
ideals and to honour Pandit Jawaharlal Nehru, IFFCO has instituted a lecture series
known as “Jawaharlal Nehru Memorial IFFCO Lecture” from the year 1982. The
lecture is organised Annually and for delivering the lecture an eminent person is invited.
The Jawaharlal Nehru Memorial IFFCO Lecture is generally organised during/around
the cooperative week which is celebrated during November 14-20 of every year.
The 22nd Jawaharlal Nehru Memorial IFFCO Lecture was delivered by Hn’ble Shri
Somnath Chatterjee, Former Speaker, Lok Sabha on 16th November, 2009 at 3.00 P.M.
in the Auditorium of National Cooperative Union of India, 3, Siri Institutional Area,
August Kranti Marg, Hauz Khas, New Delhi. 22nd Jawaharlal Nehru Memorial IFFCO
Lecture-November'2009. The 21st Jawaharlal Nehru Memorial IFFCO Lecture was
delivered by 'Bharat Ratna' Dr A.P.J. Kalam on November 20, 2008 at 3.15 pm in the
Auditorium of National Cooperative Union of India, 3, Siri Institutional Area, August
Kranti Marg, Hauz Khas, New Delhi. Click here for details & The 21st Jawaharlal Nehru
Memorial IFFCO Lecture 2008 "IFFCO PURA will lead to rural societal transformation"
By Dr A.P.J. Kalam Click here for Past Lectures Lecture 2007 By Most Reverend
Dr.Desmond M. Tutu, Bishop, Cape Town, South Africa, Noble Laurate, on November
20, 2007 Lecture 2006 Lecture 2005
This occasion was also being utilised for presentation of IFFCO "Sahakarita Ratna &
Sahakarita Bandhu" Awards in Cooperation to honour and encourage eminent
cooperators who contributed their might in strengthening the Cooperative movement and
extended their support in the propagation of Cooperative Ideology and Thoughts.
The "Sahakarita Ratna" Award for the year 2008-09 was conferred on Shri Bhikhabhai
Zaverbhai Patel of Gujarat State.
The honour of “Sahakarita Bandhu” Award for the year 2008-09 was conferred on Shri
Kasturi Lal Makkar of Punjab State.
Activity
Afforestation Projects
Development of Primary Farm Forestry
Cooperative Societies
The Society had promoted a separate Multi-State Cooperative Society named 'Indian
Farm Forestry Development Cooperative Limited' (IFFDC) in 1993 with the prime
objective of development of wasteland for tree plantation and to enhance the socio-
economic status of rural poor through sustainable Natural Resource Management by
collective action. To achieve this, IFFDC initially implemented afforestation and rural
development projects in the States of Uttar Pradesh, Madhya Pradesh and Rajasthan with
an objective to improve degraded land, generate employment and provide fuel and fodder
to the community. Afforestation in about 27,000 hectare Wasteland had been achieved by
promoting 146 village level Primary Farm Forestry Cooperative Societies (PFFCS).
These PFFCS cover about 28500 members, out of which about 38% are land less and
51% small/ marginal Farmers. The area of operation of IFFDC has further been extended
to Uttarakhand, Jharkhand, Orissa, Chattisgarh, Andhra Pradesh, West Bengal, Assam,
Tamil Nadu and Maharashtra.
IFFDC has been awarded the “Amity Corporate Excellence Award 2008” by Amity
International Business School for its outstanding contribution towards afforestation on
wasteland, environment conservation and promoting rural economy and “Amity HR
Work Place Environment Award 2008” for its consistent and relentless efforts to create a
conducive environment yielding success and growth.
Cooperative Rural Development Trust (CORDET)
IFFCO promoted Cooperative Rural Development Trust (CORDET) in the year 1979 to
provide education and training to farmers on various aspects of crop production,
horticulture, animal husbandry, farm machinery etc.
Land for CORDET adjacent to Phulpur plant of IFFCO was made available by Motilal
Nehru Memorial Trust and CORDET has established Motilal Nehru Farmers Training
Institute at Phulpur. At CORDET, Phulpur the training programmes are of one-six week
duration, while at CORDET, Kalol training programmes of one-two weeks duration are
held on different aspect related to farm production. Besides facilities for seed production
and soil testing with an annual analysing capacity of 25000 soil samples are set up.
IFFCO’s field staff collects the soil samples and forward them for its analysis. Farmers
are communicated the results and they are encouraged to apply nutrients based on soil
test. At CORDET, Phulpur a bio-fertiliser unit was established in 1996-97 with an annual
capacity of 75 MT of different strains. Bio-fertilisers are sold through IFFCO’s Farmers
Service Centres and Cooperative societies and also distributed to the farmers as one of
the component of CIP.
Development work at Kandla was started from July, 1999. Total area of the farm is 74 ha.
CORDET, Nellore has undertaken its activities on 54 ha area. Fencing in some area has
been completed. Annual maintenance work was undertaken on plants such as eucalyplus,
coconut etc. Propagation of mother plants for orchard of mango, sapota, gauva, etc. have
also been done. The plants are progressing well. Under paddy cropping sequence, seed
multiplication programme was undertaken. Water harvesting tanks have been developed
along the slope of the farm and installed pump set to irrigate existing crops.
It is in this context that the Board of Directors of the IFFCO has established the IFFCO
FOUNDATION as an independent institution in the form of a Trust which was registered
on January 24, 2003. The IFFCO Foundation is expected to promote cooperative
development, enhance capacities and capabilities of human resource, technical and
business competence of Cooperatives and of IFFCO constituents and others by being
development partner with the government, national and international agencies and create
conducive environment for effective participation of cooperatives in national and
international economic, trade, cultural and other spheres.
Objectives
With a view to achieve the Main Aim IFFCO FOUNDATION shall provide advice
and assistance to cooperative institutions in capacity building to strengthen
management of enterprises. The objectives of the Foundation are as under:
For achieving the objectives of the Foundation, the Board of Trustees shall do, or
get done or undertake all such lawful activities as are conducive or incidental to
the attainment and furtherance of the above objectives. The broad headings of
such activities are: Cooperative Development; social and Human resource
Development; Cultural and Administrative.
The IFFCO Foundation shall also seek membership of specialized national and
international agencies in order to develop collaborative programmes and to
achieve its established objectives.
Funding of the Foundation Activities
IFFCO has made an initial contribution to the Corpus Fund of the IFFCO
Foundation in order to effectuate the objectives of creating and establishing the
Foundation. IFFCO has also assured annual contribution to the Corpus Fund for
the next five years.
The management of the Foundation vests in the Board of Trustees including the
Managing Trustee who is also its Chief Executive.
Vision - 2015
In pursuit of its growth and development, IFFCO had embarked upon and successfully
implemented its Corporate Plans, ‘Mission 2005’ and ‘Vision 2010’. These plans have
resulted in IFFCO becoming one of the largest producer and marketeer of Chemical
Fertilisers by expansion of its existing Units, setting up Joint Venture Companies
Overseas and Diversification into new Sectors. :
IFFCO has now visualized a comprehensive plan titled ‘Vision-2015’ which will be
guided by the following objectives:
CRISIL has, assigned a “GVC Level 2” rating to IFFCO. This rating indicates that the
capability of the Society with respect to wealth creation for all its stakeholders, while
adopting sound corporate governance practices, is High.
(ii) Rating for the Rs. 100 crore Commercial Paper Programme of IFFCO.
CRISIL has assigned a “P1+ (pronounced “P One Plus”) rating to IFFCO’s Rs.100
Crore Commercial Paper Programme.This rating indicates that the degree of safety with
regard to timely payment of interest and principal on the instrument is Very Strong.
(iii) Rating for the Rs. 400 crore Bonds Programme of IFFCO.
CRISIL has assigned the rating on IFFCO’s Long Term Borrowing Programme to
AA/Stable.The rating indicates high degree of safety with regard to timely payment of
interest and principal on the instrument.
Ratings assigned by FITCH:
(i) Rating for the Rs. 100 crore Commercial Paper Programme of IFFCO.
FITCH Ratings has assigned a National Short Term Rating of ‘F1+(Ind)’to IFFCO’s Rs.
100 crore Commercial Paper Programme.
FITCH Ratings assigned National Long - Term Rating of ‘AA+(ind)’ to the Long Term
Debt Programme of IFFCO. The outlook on the Long Term Rating is “Stable”.
IFFCO has embarked upon an ambitious Energy Saving Project (ESP) for its five
Ammonia Plants located at Kalol, Phulpur-I, Phulpur-II, Aonla-I and Aonla-II at a total
cost of Rs. 405 crore. October 2003 was declared as Zero date of the Project. M/s. HTAS,
Denmark and M/s PDIL, Noida, were appointed as Consultants for Basic Engineering
and Detailed Engineering respectively. The Energy Saving Schemes were identified by
M/s. HTAS, Denmark, after carrying out a detailed study of all the five Ammonia Plants.
The Project was bifurcated in to two parts as Phase-I and Phase-II for ease of
implementation and to facilitate accrual of early benefits.
Phase-I Energy Saving Schemes Project have been implemented in the Annual Turn
around of 2005 in all the Ammonia Plants. Phase-II Schemes shall be implemented in
Annual Turn around of 2006.
Considering the October 2003 as zero date, Phase-I Energy Saving Schemes Project have
been commissioned in the shortest period of 17 months.
To meet the targeted Urea production of 5.545 lakh MT at Kalol, about 55934 MT
Naphtha and 20320 MT Fuel Oil (FO) were consumed in the year 2004-05. From July
2005, the Unit is completely based on NG/RLNG. Usage of R-LNG in place of
Naphtha/FO has reduced the cost of production.
Total stoppage of Naphtha/FO and its replacement by RLNG shall reduce the
Government subsidy @ Rs. 7 crore per month amounting to about Rs. 84 crore per year.
IFFCO Phulpur Unit has switched over from high cost feedstock /fuel namely
Naphtha/Fuel oil to RLNG. For this purpose, GAIL has laid a separate pipeline of
approximately 140 kms from Thulendi near Jagdishpur to Phulpur Unit.
IFFCO Phulpur Unit has carried out various modifications in the plant with an estimated
cost of Rs. 33 crore. R-LNG for Phulpur Unit was made available by GAIL on 13th May
2006.
It is estimated that there shall be saving in Government subsidy to the tune of Rs. 658
crore per year due to conversion of Phulpur Unit to RLNG.
Installation of Carbon Di-Oxide Recovery (CDR) Plants at Aonla and Phulpur Units
IFFCO is installing the largest Carbon Di-Oxide (CO2) Recovery (CDR) Plant of 450
MTPD capacity each at Aonla and Phulpur Units at an estimated capital cost of Rs. 120
crore to recover CO2 from flue gases and to avoid Naphtha usage.
CDR Plants shall save the Government Subsidy outgo of around Rs. 388 crore per year.
The benefits on this count are expected to commence with effect from January 2007.
Apart from reduction in subsidy, the CDR Plants would also reduce the emission of
Green House Gases (GHG) to the atmosphere thereby providing cleaner environment
IFFCO has submitted the Techno-Economic Feasibility Report (TEFR) for Capacity
Enhancement of Aonla and Phulpur Unit to the Department of Fertilizers (DOF).
Following enhancement in capacity has been envisaged with a total annual increase in
Urea Capacity by 5.115 lakh MT:
Name of the Unit Present Capacity (MTPD) Proposed Capacity (MTPD) Increase in Capacity
(MTPD)
Phulpur-I 1670 2080 410
Phulpur-II 2620 3000 380
Aonla-I 2620 3000 380
Aonla-II 2620 3000 380
Total 9530 11080 1550
The installed cost for the Enhanced Capacity is estimated at about Rs. 19 lakh per MTPD
of Urea as against the Rs. 65-70 lakh per MTPD Urea in case of a Grassroots Plant.
Therefore De-bottlenecking of existing Urea Units is the best route to create additional
Urea capacity.
IFFCO has initiated action for De-bottlenecking of its plant at Aonla and Phulpur Units
for Capacity Enhancement. We are awaiting final clearance from DOF. Incidentally this
will also reduce the subsidy to Government vis a vis imported Urea.