Agartala: State-owned Oil and Natural Gas Corporation (ONGC) will set up a Rs 5,000 crore, gas-based fertilizer plant in Tripura to meet the growing shortage of urea, the most commonly used soil manure in the northeastern region.

“ONGC has already initiated the process to set up the natural gas-based urea project in northern Tripura adjoining Assam,” a senior company official said on Tuesday.