Jindal Steel Limited announced on Monday that it has deployed syngas derived from domestically sourced coal across multiple stages of its steelmaking operations, positioning itself as the first company globally to use coal gasification-based technology at this scale within the steel industry.
The company said it had established India’s first coal gasification-based Direct Reduced Iron (DRI) plant, which uses syngas for iron-making. It has since extended syngas use to galvanising and colour coating line furnaces — a first for the steel sector worldwide — and has also begun injecting syngas into its blast furnace to reduce reliance on imported coking coal and cut carbon emissions per tonne of steel produced.
The company framed the move as a response to shortages of natural gas, LPG and propane, while also aligning with the Government of India’s National Coal Gasification Mission.
P.K. Biju Nair, Executive Director at Jindal Steel’s Angul facility, said syngas from domestic coal could substitute imported methanol, ammonia, ammonium nitrate and LNG, and that coal gasification paired with carbon capture technology would help the company meet Carbon Border Adjustment Mechanism (CBAM) compliance requirements in export markets.
Jindal Steel, formerly known as Jindal Steel & Power Limited, has an investment base exceeding $12 billion and operates facilities in Angul, Raigarh and Patratu.
On the NSE, the stock was trading at ₹1,126.70 as of 10:35 AM IST on Monday, down 0.98 per cent from its previous close of ₹1,137.90. The stock has returned 32.34 per cent over the past year but remains below its 52-week high of ₹1,272.10 touched in February 2026. Market capitalisation stands at approximately ₹1.15 lakh crore.