BOC India, the arm of BOC Group, which is the second largest industrial gases company in the world, has secured an order from state-run Steel Authority of India Ltd (SAIL) for supply of gas to meet its increasing demand.

Under the 15-year long term contract, BOC will supply 2600 tpd of oxygen, nitrogen and argon gases to SAIL, to meet its incremental demand as the company is expanding capacity at its Rourkela Steel Plant.

It may be noted that the company proposes to set up two Nos. 855 tpd air separation units at the steel works of the plant with capacity of producing 400 tpd of liquid products to meet demand in the merchant market.

The scrip of the BOC closed on Friday at Rs 124 on NSE, while the shares of SAIL settled the day at Rs 79 (Friday).