Industrial gas manufacturer BOC India (BOCI), a member of the Germany-based The Linde Group, Monday announced that it would invest Rs 5.4 billion to build two new air separation plants in Odisha’s Kalinganagar.
The Kolkata-based company had been awarded a major long-term industrial gases supply contract by Tata Steel, which is progressing with the first phase of its greenfield integrated steelworks in Kalinganagar Industrial Complex.
The two air separation plants, each with a capacity of 1,200 tonns per day (tpd), would supply gaseous oxygen, nitrogen and argon to meet the production requirements of Tata Steel’s new steelworks, a BOCI release said here.
The new air separation plants, which would be commissioned in 2014, would also produce liquid products to meet the growing demand for gases in the merchant market.
“Our new contract with Tata Steel represents a great strategic win, given the fast-rising importance of the Kalinganagar industrial complex as a massive steel production hub in India,” said BOCI managing director S.K. Menon.
Menon said the company also intended to establish an extensive pipeline network through the industrial complex to meet the demand for gases of the various steel production units operating there.