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INOX Air Products to set up 2150 TPD oxygen plant at SAILâ€™s Bokaro Steel Plant

INOX Air Products to set up 2150 TPD oxygen plant at SAILâ€™s Bokaro Steel Plant

Industry News
Mar 30,22

INOX Air Products to set up 2150 TPD oxygen plant at SAILâ€™s Bokaro Steel Plant

INOX Air Products (INOXAP), Indiaâ€™s largest manufacturers of industrial & medical gases, is all set to build its 2nd Cryogenic Air Separation Unit (ASU) at the Steel Authority of Indiaâ€™s (SAIL) Bokaro plant in Jharkhand. With an estimated investment of Rs 750 crore, the project will be INOXAPâ€™s largest-ever investment in a Greenfield Oxygen Plant in India.

The state-of-the-art ASU will generate 2150 tonnes per day (TPD) of industrial gases, including 2000 TPD of gaseous oxygen, 150 TPD of liquid oxygen, 1200 TPD of gaseous nitrogen & 100 TPD of argon. Once the ASU is commissioned, INOXAPâ€™s combined production capacity at SAILâ€™s Bokaro Plant will be more than 6300 TPD for all gases.

Siddharth Pavan Jain, Director, INOX Air Products, said, â€œThe signing of this contract with SAIL brings us an immense sense of pride and excitement. While this is going to be our largest ever Greenfield investment till date, it is also a testimonial to the reliability and consistency in our work. We are committed to service the countryâ€™s growth drive, through our capacity augmentation and expansion in areas where it matters the most, besides strengthening our leadership position. SAILâ€™s role in Indiaâ€™s growth journey has been phenomenal, and for us to be able to partner them in their endeavours, serves an inspiration to us, as we do our bit for the nation. The new ASU would also hugely augment the availability of the vital Liquid Medical Oxygen, not only in Eastern India, but across the country. Overall, the signing of the new ASU strongly reiterates our East-focused growth intent.â€

INOXAPâ€™s long term onsite gas supply partnership with Steel Authority of India (SAIL), one of the largest steel producers in India, began in the year 2008 with the setting up of its 1st cryogenic ASU of 1250 TPD capacity on BOO basis at Bokaro Steel Plant, followed by another ASU at SAILâ€™s Salem Plant with a capacity of 108 TPD in 2011.

As an integrated industrial gas supplier offering customised and effective solutions, INOXAP has been servicing the needs of the Indian manufacturing and healthcare sector for more than 6 decades now. Through its 45 ASUs located across the country, INOXAP manufactures more than 3300 TPD of liquid gases, aimed to strengthen and promote inclusive growth in the existing as well as upcoming medical & industrial growth corridors across the country. The enhanced availability of medical & industrial gases from the new ASU at Bokaro would aid growth in Jharkhand and Eastern parts of the country, while ensuring constant supplies for electronic manufacturing and pharmaceutical sector, and helping iron, steel and automobile industries to ramp up their production capacities.