A team of students from Harvard University today visited Jindal Steel & Power Ltd (JSPL)'s coal gas-based steel making facilities at Angul where the technology used in the unit helps in saving precious foreign currency besides containing pollution.
"Coal Gasification Technology has immense potential for countries like India, where non-coking coal is abundantly available. We, at Angul, have used this technology for the first time in the world in a steel plant," said JSPL Chairman Naveen Jindal, who accompanied the students during the visit.
"It is (an) honour for us that Harvard University has included this environment-friendly steel making process in the Asia Leadership Trek 2015. Industry-University exchange of knowledge is always mutually enriching," he said.
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Besides pollution-free steel making, this technology can help us in saving foreign currency, which is used to import coking coal, Jindal added.
These students, visiting India as a part of Asia Leadership Trek went to the Coal Gasification Plant (CGP), DRI Plant and Plate Mill and also interacted with senior management as well as technical experts.
The objective of the visit to JSPL was to document a Harvard Business School Case Study.
This is the first time that Asia Trek series is coming to India and JSPL is the only plant that the students will be visiting during their three-day trip in the country, it said.
JSPL has pioneered the CGP & DRI route to make steel. This technology can use locally available high-ash coal to make steel, unlike the blast furnace route that uses imported coking coal, a company spokesman said.
The DRI Plant produces cold/hot DRI using Synthesis Gas (Syn Gas) generated from Coal Gasification Plant, which is a pollution-free Sponge Iron making process.
Asia Leadership Trek has taken place 5 times so far. This year the Trek travelled to five countries - Japan, Korea, Malaysia, India and Nepal. The trek includes students from Harvard University, Fletcher School of Tufts University, MIT Sloan School of Management & Sunway College, the release said.