Completes Acquisition of 2 × 1800 TPD Air Separation Units from Tata Steel; Gas Supply Begins

Linde India has signed and executed the Conveyance Deed with Tata Steel Limited for the acquisition of the 2 × 1800 TPD Air Separation Units at TSL's Kalinganagar Phase II Expansion Project.

Wed 30 Sep 2026

Asset Acquired

2 × 1800 TPD Air Separation Units

Seller

Tata Steel Limited

Location

TSL's Kalinganagar Phase II Expansion Project

Document Executed

Conveyance Deed signed and executed

Status

Acquisition and transfer completed; gas supply commenced effective today

What happened

Linde India has signed and executed the Conveyance Deed with Tata Steel Limited (TSL) for the acquisition of the 2 × 1800 TPD Air Separation Units (ASUs) located at TSL's Kalinganagar Phase II Expansion Project.

With the execution of the deed, the acquisition and transfer of these ASUs from Tata Steel to the Company have been completed.

Operations

• The Company has commenced the supply of industrial gases to Tata Steel Limited from this facility, effective today.
• Air Separation Units separate air into gases such as oxygen, nitrogen and argon, which are used in steelmaking.
• TPD stands for tonnes per day, a measure of the plant's production capacity.

Context

The disclosure is made in continuation of the Company's earlier communications on this matter dated 13 February 2023 and 4 September 2024, indicating the completion of a transaction that had been in progress.

For investors, this marks the transition from an announced arrangement to an asset now owned and operating, with gas supply to the customer underway.

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