SEATTLE (Scrap Monster): Jindal Steel & Power Limited (JSPL) announced plans to set up a new coal gasification plant at its Raigarh, Chattisgarh steelmaking facility. This will be the company’s second such plant to make use of coal gasification technology for steelmaking, after the Angul, Odisha facility.
According to V.R. Sharma, Managing Director, JSPL, the plant o set up a second coal gasification plant is in line with its mission to promote diversification of usage of coal. The company is still evaluating the likely investment required for the project and the final investment figure will be reached at the earliest, he added.
The proposed coal gasification plant will convert coal into syngas, which could be used for producing power, petrol, diesel and other petroleum products. In addition, syngas could be used in sponge iron making and by the glass and ceramic industry. Also, the process could be used to produce hydrogen cheaply.
The plant will have almost the same capacity of the one in operation at Angul. Incidentally, the gasification plant at Angul has a production capacity of around 2 million tonne per annum.
The country’s government has been encouraging the use of alternative use of energy across various sectors including steel. The country is estimated to have coal reserves for another 300 years.