TISCO to invest in a coke oven plant in W. Bengal

TISCO to invest in a coke oven plant in W. Bengal

Indian steel producer Tata Iron and Steel Corp (TISCO) has reportedly signed an agreement with West Bengal Industrial Development Corporation (WBIDC) to build a joint venture coke oven plant at Haldia. The name of the joint venture company has been determined as Hooghly Met Coke and Power Company Ltd. Rupees 7 billion ($160 million) will be invested in the plant, which will produce 800'000 tons of coke and generate 60 MW electricity. The power generated by the plant will be sold to West Bengal State Electricity Board. The plant will supply high quality metallurgical coke both to domestic and international customers. The coking coal requirement of the plant will be supplied from countries such as Australia, Canada, New Zealand, the US, Poland and Indonesia.