Paradeep Phosphates Limited (PPL) incorporated in 1981 was initially a joint venture between the Government of India and the Republic of Nauru and subsequently changed into a wholly owned Government of India Enterprise. After disinvestment by the Government of India in February, 2002 the management of the Company is with the fertilizer majors Zuari-Chambal Group and OCP of Morocco. PPL is a prime player in the phosphoric fertilizers which have applications in a wide range of crops.
PPL, with a stellar turnaround, is a case study in favour of privatization. The Company’s focus on performance and continuous efforts towards development are reflected in the FAI Awards for improvement in overall performance of the Company and the best Technical Innovation in the year 2005 - 06. PPL received the ISO 14001: 2004 certification in May 2006 for good environment management systems, thus implying that along with technical advancement the Company also values maintaining and working towards a clean and safe environment.