Tata and Jindal to invest in coal-to-liquid project in Orissa

16-Jun-11

Tata Steel and Jindal Steel & Power Ltd plan to invest in coal-to-liquid projects in Orissa. Jindal Synfuels limited (JSFL), a JSPL group company plans to set up a CTL (Coal to Liquid) plant with a capacity of 80,000 bpd, while Tata Steel in joint venture with South Africa based Sasol Synfuels (Pty) Ltd will set up a 3.6 mln tpa Coal to Liquid (CTL) plant in Orissa. An investment outlay of Rs 90,000 crore is expected towards these two plants, scheduled to come up by 2016. These projects will utilize the huge inferior coal deposits found in India to produce ultra clean liquid fuels like diesel and naphtha.