Indian fertiliser companies have shortlisted a subsidiary of Iran's Bank Pasargad for jointly setting up a urea manufacturing plant at Chahbhar in Iran. A consortium of state-owned Rashtriya Chemicals and Fertilizers (RCF), Gujrat Narmada Valley Fertilizers & Chemicals (GNFC) and Gujarat Chemicals and Fertilizers (GSFC) looks to set up a gas-based urea/ammonia making plant in Iran.