Jindal Steel Limited has achieved a global milestone by establishing India's first coal gasification-based Direct Reduced Iron (DRI) plant, which uses syngas for iron-making. The company has successfully implemented syngas in galvanising and colour coating line furnaces — a first for the steel sector worldwide. According to the latest reports, this marks the first such application in the steel industry and demonstrates the company's commitment to technological innovation through advanced coal gasification processes. The integrated deployment of syngas across the entire steelmaking value chain establishes new benchmarks for efficiency, sustainability, and energy self-reliance in the Indian steel sector.
The company has begun injecting syngas into its blast furnace to reduce reliance on imported coking coal and cut carbon emissions per tonne of steel produced. P.K. Biju Nair, Executive Director at Jindal Steel's Angul facility, explained that synthesis gas from swadeshi coal can replace imported methanol, ammonia, ammonium nitrate, and LNG. The move comes in response to shortages of natural gas, LPG and propane, while also aligning with the Government of India's National Coal Gasification Mission. By harnessing swadeshi coal and deploying advanced clean coal gasification technologies, Jindal Steel is advancing the vision of Aatmanirbhar Bharat while delivering sustainable and cost-competitive steel production.
According to the latest reports, coal gasification paired with carbon capture technology would help the company meet Carbon Border Adjustment Mechanism (CBAM) compliance requirements in export markets. The Government of India's forward-looking policies and incentives, including the National Coal Gasification Mission, are expected to accelerate the adoption of coal gasification technologies and support the country's push towards energy self-reliance. Jindal Steel, formerly known as Jindal Steel & Power Limited, has an investment base exceeding $12 billion and operates facilities in Angul, Raigarh and Patratu. Nair emphasized that coal gasification combined with CCUS will lower emission intensity, support CBAM compliance, and enhance export competitiveness.
On the NSE, Jindal Steel shares started at ₹1,130 in the pre-open session on Monday, down 0.69% as the stock traded flatly with high volume. The stock has maintained activity within its broader 52-week range compared to its high of ₹1,272.10. As reported by The Hindu BusinessLine, the stock has returned 32.34% over the past year but remains below its 52-week high. The company's market capitalisation stands at approximately ₹1.15 lakh crore. According to ScanXNews, the company operates as one of India's foremost integrated steel producers with a robust mine-to-metal business model, leveraging captive resources and advanced manufacturing capabilities across India and Africa.
