India’s Ministry of Steel to push steel mills to adopt coal gasification

Tuesday, 19 June 2018 15:47:31 (GMT+3)   |   Kolkata
       

India’s Ministry of Steel will push for greater adoption by domestic steel mills of coal gasification as being developed by two government-owned companies, a government official said on Tuesday, June 19.

The official said that Coal India Limited (CIL) and gas infrastructure and transporter GAIL India Limited are developing a coal gasification plant for the revival of a defunct fertilizer plant and with the technology and plant developed by these two companies the model will be put up for adoption by steel plants and will cut down high dependency on imported coking coal.

He pointed out that Jindal Steel and Power Limited’s newly inaugurated steel mill in the eastern Indian state of Odisha is the first steel producer in the country to adopt coal gasification and reduce coking coal usage.

The technology and plant being developed by CIL and GAIL, though linked to a fertilizer plant, could be replicated for adoption by steel mills and the Ministry of Steel is looking at ways of incentivizing steel companies to adopt coal gasification, the official said.

With over 80 percent of domestic demand for coking coal being met through imports entailing a foreign exchange outflow estimated at $3 billion per year, offering incentives to steel mills to adopt coal gasification will not be a fiscal burden for the government, the official added.


Similar articles

Local coke prices in China rise, second round of increases awaited

19 Apr | Scrap & Raw Materials

Coal exports from Queensland up 0.1 percent in March from February

19 Apr | Steel News

India’s coking coal import traffic at ports up 10% in FY 2023-24

18 Apr | Steel News

Ex-Australia coking coal prices increase $25/mt amid better steel market in Asia

17 Apr | Scrap & Raw Materials

Turkey’s coking coal imports increase by 47.9 percent in January-February

15 Apr | Steel News

MOC: Average steel prices in China down slightly during April 1-7

11 Apr | Steel News

Australia’s Stanmore to wholly own Eagle Downs coking coal project

09 Apr | Steel News

Ex-Australia coking coal prices retreat further

05 Apr | Scrap & Raw Materials

Australia expects fall in metallurgical coal prices in 2024

04 Apr | Steel News

Local coke prices in China fall further amid low demand

29 Mar | Scrap & Raw Materials