BOC India Ltd has informed the BSE that the company has signed a long term contract with TATA Steel for supply of over 4,000 tonnes per day of gaseous oxygen, nitrogen and argon to meet the demand to be generated from the three million tonne per annum of expansion of steel making capacity currently in progress at the Jamshedpur plant.

For this purpose, BOC India will commission a 2,550 tonne per annum air separation unit at the plant. As part of the contract, BOC India will immediately acquire and operate three ASUs owned by TATA Steel for supply of gases to the Jamshedpur works. In addition to meeting TATA Steel's gas requirements, the plant will also produce liquid products to meet the growth in merchant markets throughout India.

(Sourced from Business Line)