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JSPL to Build Coal Gasification-Based DRI Plants
05/04/2022 - India’s Jindal Steel and Power (JSPL) is planning to build two 2-million-metric-ton-capacity coal gasification-based direct reduced iron (DRI) plants, one in Angul, Odisha, and one in Raigarh, Chattisgarh, according to The Hindu BusinessLine.
JSPL started up the country’s only coal gasification technology at its Angul plant in January 2020.
According to The Hindu BusinessLine, JSPL’s managing director VR Sharma said the coal gasification plants will allow the company to use coal while lowering its carbon footprint. The company’s long-term plan is to have 50% of its total steel production via the DRI–electric arc furnace route and the remainder through the blast furnace–basic oxygen furnace route.
“Further, India can produce the cheapest hydrogen through the coal gasification route,” Sharma told BusinessLine.
The facilities are expected to be operational by the end of fiscal year 2025.
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