JSPL's 1.8 MTPA coal gasification based DRI plant resumes operations in Angul

Image
ANI Business
Last Updated : Jan 14 2020 | 11:40 AM IST

Jindal Steel and Power Ltd's (JSPL's) 1.8 million tonnes per annum direct reduced iron (DRI) plant based on coal gasification process (CGP) has resumed operations in Odisha's Angul district, the company said on Tuesday.

The plant was not operational for long due to scarcity of coal. Now Coal India Ltd and Mahanadi coalfields Ltd have started selling coal in adequate quantity.

"Our CGP and DRI plants are again working on the full potential on purchased coal and matching the vision of Prime Minister Narendra Modi, who invited gasification technology suppliers to set up environment-friendly plants in India based on swadeshi coal," said Managing Director V R Sharma.

"This is a model plant for the country and its success depends upon the regular availability of coal. I am confident this plant will inspire others and attract more investments. We are targetting an additional production run-rate of 1.5 million tonnes per year of steel in FY20-21 through CGP and DRI route," he said in a statement.

The plant was set up to ensure availability of chemical and thermal energy required to produce DRI at an affordable price to reduce the environmental impact of coal in the long run.

The CGP converts high-ash grade coal into synthesis gas (syngas). It is the first plant of its kind in the world where syngas is used in making DRI. The syngas has replaced the costlier natural gas being used by other DRI manufacturers across the globe.

.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 14 2020 | 11:28 AM IST

Next Story