Wednesday 20 June 2018

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

JSPL

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 refinery of Indian Oil. Then 30 to 40 per cent can be imported coal. And the rest can be procured from Mahanadi Coalfields (MCL) mines of Coal India through linkage arrangement, said Naveen Jindal. This apart, he said, the steel unit will use coke oven gas in the DRI (Direct Reduced Iron) plant to reduce dependency on CGP to produce sponge iron which is the intermediate for making steel.

No comments:

Post a Comment