December 23, 2024 03:44 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait | Jaipur gas tanker crash: Toll touches 14, 30 critical | Arrest warrant against former cricketer Robin Uthappa over 'PF fraud' | PM Modi emplanes for a visit to Kuwait

SAIL to tap solution for coking coal optimisation

| | Dec 17, 2016, at 11:19 pm
New Delhi, Dec 17 (IBNS): The fluctuating price of imported coking coal is bleeding Steel Authority of India Limited (SAIL), as the company has to pay heavily for importing good quality coking coal for its steel plants.

SAIL is desperate in finding alternative solution to reduce its coking coal import.

In order to find a solution SAIL’s Colliery Division in collaboration with CSIR-Central Institute of Mining & Fuel Research, Dhanbad has organised a workshop for “Augmentation of Indigenous Coking Coal Supply in Steel Industries” at Kolkata on Saturday.

SAIL’s Director (Raw Materials & Logistic), Kalyan Maity, and Director, CSIR-CIMFR Dr. P K Singh, took initiative to bring in the industry experts to address the burning issue of optimising the use of domestic coking coal resources for steel industry.

India has to heavily depend on import of coking coal, as the domestic quality has higher ash content and not suitable for steel industry with present technology. Country’s present coking coal production is around 50 mt. out of which only 4 mt is being used by the steel industry, and the major chunk goes to thermal plants.

With the 6% growth assumption, India is expected to produce 111 million tonne of steel by 2020.

Accordingly the import demand of coking coal is expected to go up to 75 million tonne form the 44.7 mt in 2014-15, as presented by metal junction in the workshop. The Forex outgo will increase to $ 6.9 billion from $3.5 billion for the import.  

SAIL’s Advisor (Coal), N C Jha, former-chairman CIL, who inaugurated the workshop, stressed on increasing the domestic production of coking coal and is hopeful about reducing the import dependence in future.

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.