Tata Steel Ltd.

Tata Steel and Jindal Steel & Power (JSPL) will use the large inferior coal deposits in the country to produce ultra clean liquid fuels such as diesel and naphtha to meet growing energy demands. While India doesn’t have adequate oil and natural gas reserves, it owns the fourth largest coal reserves in the world. Jindal Synfuels, a JSPL Group company, plans to set up a coal-to-liquid (CTL) plant with a capacity of 80,000 barrels per day, equivalent of key oil products such as diesel, naphtha, and LPG. Tata Steel, in a joint venture with South Africa based Sasol Synfuels will set up a 3.6-million-tonne per annum CTL plant in Orissa.

These two CTL plants, first of their kind in the country and being built at an estimated cost of Rs. 90,000 crore, are expected to come up by 2018. Both the projects envisage adoption of state-of-art clean coal technology to lower the carbon footprint, which has become a vital parameter in judging a country’s environmental compliance. crackcrack