India’s largest manufacturer of industrial and medical gases INOX Air Products (INOXAP) has won a contract from Tata Steel to set up two air separation units (ASUs) at Tata Steel’s Meramandali Plant, located in Dhenkanal district of Odisha, India.
Commissioned at a cost of around Rs 1300 Crores ($158bn), the two ASUs will have the capacity to produce 1800 tonnes of oxygen per day, in addition to nitrogen and argon.
The ASUs will also have the provision to generate rare gases such as neon, krypton and xenon.
The record-setting deal represents the single largest Greenfield investment ever made by INOXAP and marks the company’s first-ever collaboration with Tata Steel.
Commenting on the new partnership, Siddharth Jain, Managing Director at INOXAP, said, “Our first-ever onsite partnership with Tata Steel also marks our largest ever Greenfield investment and also the facility with the largest liquid gases manufacturing capacity at a single location of more than 600 TPD (tonnes per day).”
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