[ Industry Update ]
JSL supplies stainless steel for metro project
Jindal Stainless has supplied stainless steel for the outer panels , car body , structural , roofs , interiors , underframes , and other stainless steel applications for the project . The Mumbai Metro line was inaugurated by the PM in a Dedication Ceremony organised in Mumbai . For this Mumbai Metro project , Jindal Stainless started supplying high-quality stainless steel grade 301LN in various tempers and in 2J finish . The supply , which started in January 2021 , is expected to continue until December 2025 . Jindal Stainless is supplying material from its different manufacturing units across the country for the project . The trainsets are being developed by Bharat Earth Movers Limited ( BEML ) in batches and out of the total 576 coaches required for this project , 144 coaches have been supplied so far . Approximately 5,760 metric tons of stainless steel would be consumed to develop the 18.6 km 2A Metro line and 16.5 km 7 Metro line respectively .
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Philippines approves new LNG project
Special Stainless Steels Nickel base alloys Titanium Zirconium , Hafnium Tantalum , Niobium Tungsten , Molybdenum
The Philippines has approved a plan to build a small-scale liquefied natural gas terminal , adding to six ongoing projects that are expected to boost domestic supply from imports as the Southeast Asian nation ’ s sole gas field dries up in three years . Samat LNG Corporation received a notice from the Department of Energy to proceed with the project in Bataan province north of Manila , the agency said in a statement . The proposed USD 67m receiving terminal and regasification facility has an annual capacity of 200,000 to 400,000 tons of LNG imports that can fuel small independent power producers , manufacturing companies , and transport fleets , it said . The project is targeted to start commercial operation by the first half of 2024 . The Philippines ’ natural gas consumption is expected to reach at least 24,263 megawatts by 2040 if the share of renewable energy in the power generation mix rises to 35 %, the energy department said , from below 30 % currently , anticipating the displacement of coal and oil-based fuels . Gas demand is forecast at 18,883 MW if the share from renewable energy rises further to 50 %. Currently , LNG fuels just 2,011 MW of power plants . FGen LNG Corp ., a unit of listed First Gen Corp ., is scheduled to commission its LNG terminal in March and start commercial operation in June . Linseed Field Corp . is also expected to complete its first integrated LNG import terminal in March and begin running commercially in April . Luzon Energy Terminal Inc ., Energy World Gas Operations Philippines Inc ., Shell Energy Philippines Inc ., and Vires Energy Corp . own the other ongoing projects .
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