Linde India to set up 900 tpd onsite air separation unit at ESL Steel, Bokaro

11 Feb 2022 , 04:45 PM

Linde India Ltd  has informed that the Company has on February 10, 2022 signed a 15-year long-term agreement structured on Lease and O&M basis with ESL Steel Ltd. (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 ESL’s Bokaro steelworks, which will serve ESL’s demand for gases for its brownfield expansion and will also cater to Linde India’s requirement of gases for merchant markets.

The capital expenditure for setting up of this ASU will be financed by the Company’s own sources/internal accruals, the company said in the filing.

On Friday, Linde India ended at Rs2,614 apiece down by Rs40.5 or 1.53% on Sensex.