Detailed Solution:
The correct answer is “Assam”.
The Union Cabinet has approved the establishment of a new brownfield Ammonia-Urea complex (Namrup-IV) at Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) in Namrup, Assam.
The plant, with an annual capacity of 12.7 lakh metric tonnes (LMT), will be developed as a joint venture (JV) under the New Investment Policy (NIP) 2012. The total estimated project cost is ₹10,601.40 crore, with a debt-equity ratio of 70:30.