India’s Tata Steel Limited and state-run oil refiner-marketer Indian Oil Corporation Limited (IOC) have inked a pact to reduce the carbon footprint at the former’s ferroalloy plant though a transition in fuels, a statement of Tata Steel said on Wednesday, October 4.
Under the agreement, IOCL will undertake installation, supply, operation and maintenance of liquefied petroleum gas (LPG) at Tata Steel’s ferroalloy plant in Odisha.
This would enable the ferroalloy plant to shift out of use of furnace oil and high-speed diesel, addressing environment concerns and carbon emissions, the statement said.