JSPL has plans of setting up a coal gasification plant -- the second in the country -- at its Raigarh plant in Chhattisgarh, company's MD V R Sharma said.
The company is already using the coal gasification technology to produce steel at its plant in Angul, Odisha. The 2 million tonne per annum production capacity plant, inaugurated in 2018, holds the distinction of being India's first and the only plant producing steel from 'swadeshi' coal using the coal gasification technology.
"As part of our mission to promote diversification of usage of coal, we will be setting one more coal gasification plant at our plant in Raigarh," the MD said adding it will be second such plant in the country.
When asked about the likely investment for the project, he said, "It will be pre-mature to quote any figure. We are evaluating it and will reach a final investment figure soon."
Explaining the gasification process, Sharma said coal is converted into syngas which can further be used for producing power, petrol, diesel and other petroleum products.
Syngas can be also used in sponge iron making, by the glass and ceramic industry and even in cooking. Further, India can produce the cheapest hydrogen through the coal gasification route, the MD said.