Linde India may seek compensation from Tata Steel for delay.

Linde India, previously known as BOC India, may seek compensation from Tata Steel for additional cost it incurred due to delay in commissioning of the steel plant at Kalinganagar in Odisha, a top official of the industrial gas major said.

The delay was adding to financial cost of Linde for assets created for the proposed steel project. Linde was setting up two air separation units at Kalinganagar for the proposed integrated steel plant for Tata Steel and one for Jindal Steel and already invested Rs. 700 crore. Linde India chairman Sanjiv Lamba replying to shareholders' question at the AGM today said the company planned to seek compensation from Tata Steel in the proposed next meeting with them soon for costs incurred due to delay in the Kalinganagar steel project.

ET