JSPL Bags 0.511 MTPA Coal Linkages For 5 years Duration
The coal linkages, secured for five-year duration, will provide steady supply of fuel to captive power plants run by the company for its steel making operations.
Photo Credit : Reuters
Jindal Steel and Power Ltd (JSPL) has secured coal linkages of 0.511 metric tonnes per annum (MTPA) in the recently concluded coal linkage auctions under captive power sub-sector.
The Indian steel and energy company, in a statement, said the coal linkages, secured for five-year duration, will provide steady supply of fuel to captive power plants run by the company for its steel making operations.
The three captive power plants of the company are located at Raigarh and Dongamahua in Chhattisgarh; and for powering its 810 MW CPP in the 6 MTPA integrated steel complexes at Angul, Orissa.
The coal linkages will ensure a steady supply of thermal coal required to feed the captive power plants at calorific costs significantly beneficial than coal procured through e-auctions, claims the company.
These coal linkages would further enhance the operational efficiency of steel making at JSPL’s recently completed 6 MTPA integrated steel plant at Angul, and at its flagship steel plant at Raigarh. Since, 2016, JSPL has secured coal linkages of close to 2.3 MTPA under various sub-sectors for five-year time frame.