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Jindal Steel and Power Limited (JSPL) has announced a technical cooperation agreement of its arm Power Plants Engineers Limited and German emission control systems major - VPC GmbH.
Power Plants Engineers Limited provides engineering, procurement and construction services to JSPL. JSPL said the engagement is 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 Megawatt.
The company further said 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 5,000 MW, owned and operated by JSPL and its subsidiary Jindal Power Limited (JPL) spread across four Indian locations.
“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,” the company said.
Under this alliance, 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, the company said.
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