Tata Steel, BPCL sign MoU for LNG supply

15 May 2023 , 02:44 AM

Tata Steel has inked pact with BPCL  to secure  long-term supply of Liquified Natural Gas (LNG) for its Ferro Alloys Plant located in Jajpur, Odisha. The agreement was signed in the presence of key officials of both companies and Hemant Sharma, Principal Secretary of the Industries Department of the Government of Odisha.

As per MoU signed on Thursday, the public sector undertaking BPCL will supply an agreed quantity of LNG to the ferroalloys plant at Jajpur through its pipeline, said Tata Steel Mining Ltd (TSML), a wholly owned subsidiary of Tata Steel.

Pankaj Satija, Managing Director of Tata Steel Mining stated that, “it is consistent with the company’s commitment to decarbonization and sustainability. He believes that the relationship between the two companies will have a positive impact on the environment, in addition to helping them reduce their carbon footprint.”

Rouf M Khan, Head (GAS), East, BPCL said, ‘We are happy to associate with Tata Steel Mining and supply them natural gas for their operations, enabling us to inch closer towards the goal of decarbonisation.’

The step will help in reducing the carbon footprint in Odisha, said Hemant Sharma, industries secretary of the coastal state.

Earlier to this, TSML has also signed MoU with GAIL (India) Limited for the supply of natural gas to its ferro alloys plant at Athgarh in Cuttack to replace furnace oil with cleaner fuel.