Jindal Steel and Power Limited (JSPL), has announced the signing of a technical cooperation agreement with German Emission Control Systems major - VPC GmbH and JSPL’s EPC arm - Power Plant Engineers Limited (PPEL). It is an amalgamation of VPC’s rich experience in Emission Compliance in the European Continent; JSPL’s operational experience of managing UMPP scale thermal power plants; and PPEL’s Construction Management & EPC experience in India and the Middle East. This first-of-its-kind engagement leverages the strengths of JSPL and VPC to provide cost-effective solutions to Power Producers, with an estimated market size of Rs. 20,000 crore targeting a power generation capacity of 100,000 MW.
JSPL’s unique foray is in line with the 'Make In India' program and will give an impetus to India’s commitment to United Nations COP21 of improving the emissions intensity of its GDP. This mandate to reduce environmental pollution necessitates power generation companies to upgrade their existing Emission Control Systems. Under this alliance, the manufacturing lines will be set up in JSPL’s existing facilities at Raipur and Punjipatra to harness the emergent opportunities in the fast-growing market for Emission Control Systems amongst power producers in India and key global geographies. JSPL aims to start manufacturing and commercial dispatch of “Made In India” Emission Control Systems by December 2017.
In the first phase, the focus will be on manufacturing and supplying Emission Control Systems including Flue Gas DeSulphurization (FGD) and DeNOx (Control of Nitrogen Oxides) to the existing power generation capacities in excess of 5000 MW, owned and operated by JSPL and its subsidiary Jindal Power Limited (JPL) spread across four Indian locations.
