Now Reading: Coal India, ArcelorMittal Nippon Steel sign MoU for Odisha gasification plant
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Coal India, ArcelorMittal Nippon Steel sign MoU for Odisha gasification plant
Coal India, ArcelorMittal Nippon Steel sign MoU for Odisha gasification plant
Coal India Ltd (CIL) and ArcelorMittal Nippon Steel India (AMNS) have signed an MoU to explore a coal gasification plant near AMNS's pellet plant in Paradip, Odisha. The facility would produce synthesis…
The Story in Brief
Coal India Ltd (CIL) and ArcelorMittal Nippon Steel India (AMNS) have signed an MoU to explore a coal gasification plant near AMNS's pellet plant in Paradip, Odisha. The facility would produce synthesis gas for cleaner steelmaking and include carbon capture technology. The project aims to reduce India's dependence on imported coking coal and LNG.
The Union Cabinet has approved a Rs 37,500-crore incentive scheme to promote coal gasification, supporting the national target of gasifying 100 million tonnes of coal by 2030. The companies will now assess technical and commercial feasibility before preparing a Preliminary Feasibility Report. Separately, an industry conference in Bhubaneswar last week brought together policymakers and executives from Coal India, NTPC, GAIL and Jindal Steel to discuss challenges with high-ash Indian coal.
The Indian Opinion
Exaggerated claims of a clean-coal revolution skip over a basic fact: India's high-ash coal makes gasification costly and technically tricky, as the conference itself noted. The Rs 37,500-crore incentive is a bet, not a guarantee. Watch whether the project's Preliminary Feasibility Report, due next year, gives a viable cost per tonne of syn-gas versus imported LNG.
Sources (2): rediff.com, deccanchronicle.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
