History
December 1981 :
Paradeep Phosphates Limited was incorporated as a joint venture of the Government of India and the Republic of Nauru. Subsequently, it became a wholly owned Govt. of India Enterprise in June 1993.
February 1986 :
Phase - I DAP plant came into operation.
June 1992 :
Phase - II Plants viz. SAP, PAP and a power plant with two turbines came into operation.
June 1993 :
Withdrawal of the Republic of Nauru by which PPL became a Public Sector Enterprise, wholly owned by the Government of India.
February 2002 :
Government of India divested 74% of stake. Zuari Maroc Phosphates Ltd., a 50-50 joint venture of Zuari Industries Limited and Maroc Phosphore S.A, a wholly owned subsidiary of OCP, Morocco took over PPL.
March, 2006 :
PPL closed the year with Rs. 121 millions net profit after tax.
March 2007 :
  • ZMPL holds 80.45% stake in PPL and the Government of India holds 19.55% stake.
  • PPL closed the year with Rs. 1093 millions net profit after tax.
March 2008 :
PPL closed the year with Rs. 836 millions net profit after tax.

March 2009 :
PPL closed the year with Rs. 5371 millions net Profit after Tax