Linde India signs long-term supply agreement with ESL Steel

17 Feb 2022 , 01:34 AM

Linde India has on 10 February 2022 signed a 15-year long-term agreement structured on Lease and OM basis with ESL Steel ESL a Vedanta Group Company for supply of 800 tonnes per day of Oxygen and 900 tonnes per day of Nitrogen to them at their steelworks at Bokaro For this purpose Linde India will be setting up an onsite Air Separation Unit ASU at ESLs Bokaro steelworks which will serve ESLs demand for gases for its brownfield expansion and will also cater to Linde Indias requirement of gases for merchant markets The capital expenditure for setting up of this ASU will be financed by the Companys own sourcesinternal accruals