Inox Air Products to set up ASUs at Tata Steel's Meramandali Plant

Inox Air Products has been awarded a contract by Tata Steel to set up two air separation units (ASUs) at Tata Steel's Meramandali Plant in Dhenkanal district of Odisha. Each ASU will have the capacity to produce 1,800 tonnes of oxygen per day, as well as nitrogen and argon. The ASUs will also be able to produce rare gases. The ASUs will be commissioned with an investment of around ₹1,300 crore. This is Inox Air Products' first collaboration with Tata Steel and will coincide with the steel major's ongoing steel capacity expansion. Siddharth Jain, Managing Director of Inox Air Products, said, Our first-ever onsite partnership with Tata Steel marks our largest ever greenfield investment. This facility will also have the largest liquid gases manufacturing capacity at a single location of more than 600 tonnes per day. Avneesh Gupta, Vice President of TQM and Engineering & Projects at Tata Steel, said, We are committed to strengthening the operations of our steel works at Meramandali, Odisha. The ASUs are expected to be commissioned in 2024. Also Read Eldeco Housing’s net income surges by 23.72 percent in Q4 FY23 SEBI to regulate providers of fractional ownership in real estate