The company needs about 4000 acres of land for the project and most of it will be acquired from a wasteland patch. The company, meanwhile, has identified three sites near Angul for the project and character of the land and its proximity to the coal mines will bear lot of weightage in final selection of the site.
CTL project, which will be set up under the banner of Jindal Synfuels limited (JSFL), will have an overall capacity to produce 80,000 barrels per day (bpd) equivalent of key oil products such as Diesel, Naphtha, and LPG from coal.
The project will adopt state-of-the technologies to make it environment friendly and free of pollution hazards. The scope of the project, which will start production by 2016-17, also includes a 1100 Mw power plant.