JSPL to use pet coke from Paradip refinery to salvage Rs 100 bn CGP plant

Company's 6 million tonne steel mill costing Rs 350 bn at Angul to reach full capacity in a year

Naveen Jindal owned Jindal Steel and Power (JSPL) may soon tie-up with the Indian Oil's Paradip refinery for sourcing of pet coke to partly meet the fuel needs of its steelmaking facility based on Coal Gasification Plant (CGP).

With the company's CGP unit, built at a cost Rs 100 billion at its Angul steel complex, facing coal supply issues, it contemplates to go for a mix of fuel feeds to overcome the problem.

"We are trying different recipes to overcome the fuel problem of our CGP. We may use 15 to 20 per cent pet coke, which can be sourced from Paradip